American Airlines cuts 19,000 jobs amid travel slump
American Airlines has said it will cut 19,000 jobs in October when a government wage support scheme extended to airlines during the pandemic comes to an end. The world’s biggest airline said the cuts, on top of voluntary departures and leave, would leave its workforce 30% smaller than it was in March.
Other carriers have warned of similarly large cuts amid a slump in air travel. United last month said as many as 36,000 jobs were at risk. Germany’s Lufthansa has warned it may cut 22,000 positions, while British Airways is slashing 12,000 jobs. The reductions come a mid warnings that the impact of the pandemic will cause airline losses of more than $84bn (£64bn) globally this year. In the US, the terms of a $25bn (£19bn) government bailout barred airlines from making significant job cuts before 30 September. While airlines have called for further support, talks in Washington about an aid package collapsed this month without a deal.(BBC)…[+]