Tag Archives: impending

American warns of impending job losses as Cares act expires | News

American Airlines reports huge loss for second quarter | News

American Airlines has said it will cut as many as 19,000 jobs in October when a government wage support scheme expires. The coronavirus aid, relief and economic security act, also known as the Cares act, was extended to airlines during the early stages of the pandemic, with domestic carriers receiving around $25 billion in total. […]

Translate »