American Airlines (NASDAQ: AAL) notified employees in a memo Tuesday that it plans to eliminate 19,000 jobs on Oct. 1, unless Congress renews the emergency coronavirus assistance that helped airlines retain staff for the past six months.
The news comes a day after Delta Air Lines (NYSE: DAL) indicated involuntary separations are coming for 1,941 pilots, according to Reuters.
Airlines, struggling to survive, are transforming into much smaller organizations with passenger travel not expected to...
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