American Airlines said on Tuesday its workforce will shrink by 40,000, including 19,000 involuntary cuts, in October as the COVID-19 pandemic ...
CHICAGO: American Airlines said on Tuesday its workforce will shrink by 40,000, including 19,000 involuntary cuts, in October as the COVID-19 pandemic continues to weigh on air travel, unless the government extends aid for airline employee payrolls.
In a memo to employees, Chief Executive Doug Parker and President Robert Isom said the one possibility of avoiding involuntary cuts is an extension of government aid, which they said has"enormous bipartisan support." Texas-based American's planned job cuts comprise 17,500 furloughs of union workers -including 1,600 pilots and 8,100 flight attendants - and 1,500 management positions.
Based on current demand levels, American now plans to fly less than 50per cent of its normal schedule in the fourth quarter, with international flying reduced to only a quarter of 2019 levels, Parker and Isom said in the memo, which was reviewed by Reuters.
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