Tens of thousands of U.S. airlines employees will take leave if new rescue agreement is not reached

category:Finance
 Tens of thousands of U.S. airlines employees will take leave if new rescue agreement is not reached


In April, novel coronavirus was agreed with the major US airlines in the US Treasury. The airline operators received a total of 25 billion US dollars in federal aid to pay staff salaries and avoid employees being fired during the new coronavirus epidemic. However, the Washington Post said the protection would expire on October 1. And since the summer, airline unions, along with executives, have been fighting for a second round of aid. Tens of thousands of employees have also accepted unpaid leave or early retirement plans to avoid being forced to leave, AFP reported. The Union had previously said 100000 people would be fired without additional federal aid. Analysts said the actual number of layoffs could be lower than that figure as airlines and unions try to avoid layoffs. According to the Washington Post, the impact of the new coronavirus on the U.S. aviation industry even exceeds the terrorist attacks of September 11, 2001 and the financial crisis of 2008. Extended reading minimum 249900 yuan! Teslas domestic model 3 cuts price again Beijing talks about green orange bicycles: illegally put bicycles out of Beijing before the end of October, trump moves again to reduce dependence on rare earth elements in China_ NF4368

In April, novel coronavirus was agreed with the major US airlines in the US Treasury. The airline operators received a total of 25 billion US dollars in federal aid to pay staff salaries and avoid employees being fired during the new coronavirus epidemic. However, the Washington Post said the protection would expire on October 1. And since the summer, airline unions, along with executives, have been fighting for a second round of aid.

Tens of thousands of employees have also accepted unpaid leave or early retirement plans to avoid being forced to leave, AFP reported. The Union had previously said 100000 people would be fired without additional federal aid. Analysts said the actual number of layoffs could be lower than that figure as airlines and unions try to avoid layoffs.

According to the Washington Post, the impact of the new coronavirus on the U.S. aviation industry even exceeds the terrorist attacks of September 11, 2001 and the financial crisis of 2008.