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Google Business NewsOct 01, 2020
American, United Airlines to furlough 32,000 people as time runs out on aid - WCTI12.com
American, United Airlines to furlough 32,000 people as time runs out on aid  WCTI12.comAmerican, United move ahead with more than 32,000 furloughs, but will recall workers if coronavirus aid deal reached  CNBCTreasury offers coronavirus relief loans to seven major US airlines | TheHill  The HillOpinion: American Airlines pilot: Thousands of u

Google Business NewsSep 30, 2020
Second Stimulus Check, 'Similar' to First, Will Be in Next Coronavirus Relief Package, Mnuchin Says - Newsweek
Second Stimulus Check, 'Similar' to First, Will Be in Next Coronavirus Relief Package, Mnuchin Says  NewsweekMnuchin Sees Progress on Stimulus Deal, But No Agreement  Bloomberg PoliticsHouse Democrats hold off on stimulus vote to allow more time for bipartisan negotiation  CNNAmericans need real economic help, not more theater on Capitol Hill  The Washington Post

Yahoo BusinessSep 30, 2020
American Airlines To Furlough 19K Thursday When Federal Payroll Support Expires
American Airlines Group Inc (NASDAQ: AAL) said in a letter to employees Wednesday that 19,000 will be furloughed starting Thursday after the federal Payroll Support Program expires.Airline Layoffs Underway As Stimulus Talks Continue: Talks on extending the relief program under the Coronovirus Aid, Relief and Economic Security -- CARES -- Act are ongoing between the White House and House Speaker Nancy Pelosi, American Airlines CEO Doug Parker said in the letter, citing a conversation with Treasury Secretary Steven Mnuchin. The Senate and the House of Representatives are also deliberating the extension of payroll support an alternative to the broader relief package, he said. If the grant is approved in the coming days, American Airlines will reverse the furloughs, Parker said. United Airlines Holdings Inc (NASDAQ: UAL) is also prepared to furlough 13,000 staff Thursday, Reuters. The figure does not include any pilots.If the larger economic relief bill passes, the airline industry would receive an additional $25 billion for payroll aid from the larger economic support package of $2.2 trillion, according to Bloomberg. Aviation Job Losses Could Go Much Deeper: Coronavirus lockdown measures and travel restrictions have rocked the airline industry. Further job cuts could come in other areas that are supported by the aviation sector.Job losses tied to the downturn in air travel, including cuts in related industries, could be as high as 46 million worldwide, according to a new statem

CNBC BusinessSep 30, 2020
American, United move ahead with more than 32,000 furloughs, but will recall workers if coronavirus aid deal reached
American Airlines will move forward with furloughs of some 19,000 workers as government aid expires and talks for a new coronavirus relief bill fail in Washington.
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