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Old Dec 23, 2020 | 1:05 pm
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dsftm
 
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American Airlines to bring back workers after COVID relief bill passes

American Airlines is beginning the phased return of furloughed workers after the U.S. Congress passed a pandemic aid package with $15 billion in payroll support for airlines, its executives said in a staff memo on Tuesday.“While pay and benefits will be restored right away, people will be asked to return to the operation in phases,” Chief Executive Doug Parker and President Robert Isom said in the memo, released by American.

...American, which has furloughed nearly 19,000 employees since October, stands to receive roughly $3 billion from the payroll package, one person briefed on the matter said.

https://www.reuters.com/article/heal...-idUSL1N2J21P2

Last edited by JDiver; Dec 23, 2020 at 8:39 pm Reason: Edited to comply with FT Rule 9 (article is © 2020 Reuters. All Rights Reserved”.
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