U.S. airlines drop 36,700 jobs after CARES Act ends

Two small regional jets taxi on airport roadway.

U.S. scheduled passenger airlines employed 9.1 percent fewer full-time equivalents  in mid-October 2020 than a month earlier, according to the Bureau of Transportation Statistics.

Mid-October’s total number of FTEs (368,162) was down 36,707 from mid-September 2020 (404,869 FTEs) and 91,871 from mid-March 2020. October was the lowest FTE total for any month dating from January 1990. The previous low was April 2010 (376,663 FTEs).

Mid-October’s FTEs declined nearly 86,000, an 18.9 percent drop from...

https://s29755.pcdn.co/news/us-airlines-drop-36700-jobs-after-cares-act-ends

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