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.

This article is no longer available in our repository.

There could be multiple reasons for this.