Adds context CHICAGO, Dec 22 (Reuters) - American Airways A
Adds context
CHICAGO, Dec 22 (Reuters) – American Airways AAL.O is starting the phased return of furloughed employees after Congress handed a COVID-19 support package deal with $15 billion in payroll assist for airways, its executives stated in a employees memo on Tuesday.
“Whereas pay and advantages will probably be restored immediately, folks will probably be requested to return to the operation in phases,” CEO Doug Parker and President Robert Isom stated within the memo, launched by American.
Air passenger site visitors is down by about 70% versus a yr in the past because the coronavirus pandemic continues to wreak havoc on the journey trade.
American, which stands to obtain roughly $three billion for payroll bills by way of March, 2021, stated the reduction would assist airways serve passengers on the opposite aspect of the pandemic, and within the nearer time period, support within the distribution of COVID-19 vaccines and different crucial provides.
Airways have stated they don’t count on a sturdy journey restoration till vaccines or remedies are extensively obtainable.
American furloughed almost 19,000 workers when a primary spherical of payroll support for airways expired in October, together with greater than 1,200 pilots.
(Reporting by Tracy Rucinski Enhancing by Chris Reese and Philippa Fletcher)
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