. The reduction has resulted from workers taking buyouts or agreeing to unpaid leaves or cuts in work hours, rather than an improving business environment, the executive said.
If the PSP is extended before the October 1 deadline, the pilot deal's implementation will be postponed, the United executive said. The meager recovery in travel demand over the summer has made many furloughs unavoidable, United and other airlines have said. But airlines have been especially hesitant to drop pilots, who would fall behind on expensive and lengthy ongoing training requirements — and would be hard to recertify if and when demand does bounce back.
Over the last five years, American Airlines dished out $12 billion in share buybacks and is $40 billion in debt and they want the taxpayers to bail them out? Why not lay off the employees like any failed bakery, restaurant or book store would do?
Curious what's going on in aviation? What impact did COVID19 have? Why has WarrenBuffett sold all his airline stocks? Details in my video!!! 👇
Good they don’t hire black Americans at a alarming rate anyway
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