American Airlines starting 19,000 furloughs as bailout hopes fade

By Tracy Rucinski and David Shepardson CHICAGO/WASHINGTON (Reuters) - American Airlines said it would begin furloughs of 19,000 workers on Thursday, and a large union said other carriers would follow, as hopes faded for a last-minute bailout from Washington. American Airlines Chief Executive Doug Parker told employees in a letter seen by Reuters that he stood ready to reverse the furloughs if a deal was reached.

The carrier had more than 140,000 employees before the coronavirus pandemic. That number is expected to be below 100,000.

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