American Airlines CEO says hundreds of thousands will lose their jobs without additional emergency aid to industry

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Hundreds of thousands will lose their jobs without additional emergency aid, American Airlines CEO says.

"We airline CEOs are here on behalf of the people that work for us, keeping our country moving when our country is largely paralyzed,” Parker told reporters outside the White House after the meeting. “Without action, they’re going to be furloughed on Oct. 1 and it’s not fair. It’s not fair to them, it’s not fair to our country."

"The 19,000 that will be furloughed understates the situation," Parker told NBC's Sheinelle Jones."Another 12,000 will be taking leave. So that is hundreds of thousands of people who will be out of work" across the industry. “The needs have only grown. Some of the needs for the small businesses, needs for restaurants, needs for transportation and the rest,” House Speaker Nancy Pelosi said Thursday.

 

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Airlines are requesting more taxpayer funded bailouts while they torture hundreds of thousands of Americans with FAA NextGen, a program that seems to largely exist to allow them to save fuel. The FAA serves the airlines. It's time they started working for American taxpayers.

JesusNarrowWay But didn’t airlines get all these billions not long ago?

After this incredible show of compassion from AmericanAir and their crew, ask me if I care about them going out of business.

What kind of interest will the Tax payers get for the money. What happen to all that money the you were bragging about making on the luggage fee . If yo u get the money form the Tax payers you should have to drop the luggage fee.

Nationalize American Airlines.

Maybe he should give up some of his salary

Maybe if CEOs didn’t do massive stock buybacks, they wouldn’t be in this mess.

They should have had a nest egg.

No money for the worse airline customer service, AA should close.

This is crazy AA just wants money for free . They have an offer of a loan after the CARES Act ends. If AA wants money then get a loan, not just money for Free, that is for the people of US not an airline, even less AA

What happened to all the baggage, and change fees you charged (billions) that went into your, and your stockholders pockets. Now you want another handout! You can be replaced!

Sounds like a threat?!

Take the money you used to buy your stock back and use that to pay your employees

What makes you special, your company and others in this business are failing we understand, but there are more important companies failing also.

Maybe AmericanAir could sell shares if they’re in need of cash?🤷‍♂️ Why is it my problem (I’m a taxpayer) that the value of those shares have plummeted? No one cares if I lose money on stock I need to sell because I have a personal cash-flow problem.

Same companies that tell us, living paycheck to paycheck, that we should’ve had money saved for issues like this know want more handouts? Eat shit, follow your own advice.

Blame Trump and republicans

No worries, you will get Federal assistance before State and Local governments.

This is why huge conglomerates need taxation same as the average person, in order to give back to the people they have benefited financially from. Why should a conglomerate deserve socialism from a taxed people, that are in a worse financial position then the uber rich company?

Well it not Congress they had a bill back months ago that would had helped everyone called the Heroes Act it either in circles file or collecting dust in Mitch’s office. Need to ask him and the majority of the Senate.

That man gets $11,571,714 per year. He could sacrifice all that revenue, which comes from stock awards apparently, and keep the company afloat. You want to tell me he can't live on $71k/yr?

Competitive long haul bairlines in the US didn't work for the consumer so hardly worth bailout billions. Maybe try a national airline and a string of 'taxi' short hop types. Not perfect answer but whatever works

How much bonus will he get?

Not one penny to corporations until they help the American people first!!

Thought it was the best biggest yuge recovery ever? Could Trump be lying?

He's right, and I don't think he's speaking about AA. McConnell said the democrats are holding it up, which is total bullshit. Republicans tried to attach some nonsense to the bill, so it's on them.

How about an emergency pay cut for the company bigwigs

Now is a great time to break up the airline cartel and its people as cattle, move them into stockyards, hubs system.

Tell that to trump and McConnell.TRUMP REFUSED TO GIVE MONEY TO STATES THAT DIDNT VOTE FOR HIM.

I thought they didn't care for socialism?

I would have more sympathy for the airline industry if they didn’t already receive a half a billion in bailout money and didn’t try to screw over passengers whenever they can.

He just mad Delta is kicking their ass every which way.

NBC needs to call their buddy Nancy!!

Too bad liberals are purposely trying to make the US dollar implode before the election. Republicans have a perfectly good aid package ready to go.

Dear WH- when is it socialism & when is it not ?

He is right and actually unwarranted. Why USA should pay thr price for horrendous misguidance by WHO But now can be corrected by a single executive order from POTUS NO ONE UNDER 95% SpO2 shall be in public space or travel. Jobs preserved.

No

FUCK OFF!!! I refuse to give any more of my money to corporate America GIVE THE MONEY DIRECTLY TO THE PEOPLE

MelissaFazli Give the emergency aid directly to those they lay off then.

Let's bailout the American people first.

Not to worry. After the Dems finish devoting all time and energy to their new Resolution to ban the use of term “China Virus”, they have promised to get back to work on the next round of the stimulus package.

It's sad watching American Airlines pivot hard toward socialism. That's what happens when a company fails to plan for disasters like COVID-19.

SMH. These people are fuggn pathetic 😡

Did they just get bailed out... again?

Why does it seem like the Airlines always need a bailout🤔 perhaps different leadership and a new financial take is needed🤷🏻‍♂️ sorry still salty that AmericanAir charged me extra for my seabag while in uniform and coming home from boot camp

Airline workers: VOTE BLUE 🌊

They need to adjust to the new landscape. People can’t afford to travel and are nervous about it. What happens 6 months from when they’ve used all the bailout money on executive bonuses and need more money? It’s never ending.

Bet he will get a huge bonus!!

Maybe the CEO & management should take a cut in pay instead. Oh, and restore the pension funds

Did AmericanAir receive payroll loans If so, where did the money go nprpolitics AP USATODAY

NO MORE AIRLINE BAILOUTS NO NO NO NO NO

F American Airlines! There are more important issues than pouring money into their pockets! Peolle are dying, people are suffering!

Sorry, Moscow senatemajldr doesn't care. They'll just have to go out and find new jobs that don't exist. But maybe you can take Ivanka's helpful advice and 'find something new!'

Time to restructure these conglomerate businesses.

It was not long ago Airlines were making money hand over fist charging for every bag. Where did the $Million$ Go?

I want an audit in their personal financial records.

Join the crowd. I lost my job in March after 23 years on the job. People do not have money to buy plane tickets. They are worried more about paying their bills and having food to eat. Trump is destroying our country everyday. Biden Harris 2020

Maybe they should have saved some of that tax cut money.

Maybe a few million dollars wired to McConnell and his wife, the Transportation Secretary will do the trick.

Let’s go trump !! do an executive order !! Pass the assistance now !! We all need assistance !! Nancy and her crew in Congress will never pass anything because they want you to lose. And lose you will if you don’t bypass them !! Nobama we do an executive order !! So should you !!

Millions have already lost their job. These people are vultures the want more taxpayer money and don't want to give anything back.

But the stock market!!!! trumplogic

He’ll be ok though with his million dollar salary perks and bonus

Joe Biden's America.

Don’t worry the GOP doesn’t care.

All thanks to overreaching government.

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