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American Airlines to furlough 25,000

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merican Airlines (AAL.O) said on Wednesday it is sending 25,000 notices of potential furloughs to frontline workers and warned that demand for air travel is slowing again as COVID-19 cases increase and states re-establish quarantine restrictions. American, with more than 130,000 employees in 2019, had already warned that furloughs would be hard to avoid as pandemic-hit revenue remains more sluggish than the airline had hoped. Among different work groups, warnings are being sent to 2,500 pilots… (reut.rs) עוד...

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carasbud
Joseph White 6
The comment about saving and having an emergency fund would be laughable if it wasn't so tragic American posted a 380 million net profit at the end of 2019 yet needed covid relief like this.....American Airlines Group Inc. (NASDAQ: AAL) announced today that the U.S. Department of the Treasury has approved $5.8 billion in financial assistance from the Payroll Support Program (PSP) created through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The funds, which are targeted to support team member salaries and benefits, will come in two forms: a direct grant of $4.1 billion, and a low-interest rate loan of $1.7 billion. In addition to the $5.8 billion, American expects to separately apply for a loan from the U.S. Treasury of approximately $4.75 billion.

and this guy tells workers to have a larger emergency fund, just bizarre.
tbpera
Tom Pera 2
what is it? October 1 the relief money runs out and then the furloughs start??
ADXbear
ADXbear 2
Sorry to my former industry friends, it is the nature of the beast.. very tedious for the lower senority folks.. wish all well and a big return to travel next year..

My suggestion.. have a larger emergency fund and fall back skills for basic home costs.. dont over buy when times are good.. it's how we survived job losses over the years..
dee9bee
dee9bee 1
As Gilda Radner said as a character on older episodes of "Saturday Night Live", "IT'S ALWAYS SOMETHING". So it goes with the airline industry.
iflyrjs
terry gersdorf 1
So sad i'm just happy i retired 2 years ago
steerts
Ron Streetenberger 2
I worked at the A.A. Flight Academy for 30 years and retired in 1996. I still miss it. It is very sad to see all the airlines in this situation, except for China Air.
paulgilpin1953
paul gilpin 1
this comes after last week united furloughed 36K.
not good.
what will next week hold for delta announcement?
dee9bee
dee9bee 5
I'll try this one more time. United has furloughed no one. They MAY furlough as many as 36K. They issued a federally mandated notice, that's all. American has now done the same. Delta will do likewise and it will be interesting to see how many notices go out.
bentwing60
bentwing60 0
A little pressure on the Fed, or on dr.fauci.

https://www.newsweek.com/dr-fauci-backed-controversial-wuhan-lab-millions-us-dollars-risky-coronavirus-research-1500741
FedExCargoPilot
FedExCargoPilot 1
Unfortunately I fear justice will never truly be done for what happened..if we ever do hear the truth, I am sure it will be appalling. The WHO 'experts' in China will come out empty handed big time, deep down it is evident there was a massive cover up
DRotten
D Rotten 1
People BEG for Globalism (One World Government) and they are ignorant as to 'what', exactly, that will entail. There will be NO NEED for 'flight crews' & airport workers since only a SELECT (VERY) FEW will be ALLOWED to fly/travel. The writing is on the wall, yet people refuse to SEE it! Just like HUMANS are being replaced in factories, fast food joints, grocery stores, ect, by 'robots'. WHAT do people THINK the outcome will be??
carasbud
Joseph White 5
Some beg for the craziest things, but I've seen no huge outcry for one world government. It seems the voices in your head were released. Also you should get that keyboard looked at the caps lock key seems to have lost control as well.
kupuna11
Thomas Craig 1
Politics at Flight Aware, no one came here for that.
SIERRA09
Ed Crist 0
Damn, winning sure feels good. Sure glad we are great again. Can't wait for the next round of winning.
n82221
Dave Hahn 5
Blame the Chinese and all the politicians with their hand in the Chinese cookie jar. And the guy you hate isn’t one of them .
tbpera
Tom Pera 4
come on Ed..no need for that...
steerts
Ron Streetenberger 2
Ed, you are not a decent human. Why waste time here and set some fires and do a little looting instead.

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