American Airlines warns 25,000 workers they could lose jobs
4 years, 5 months ago

American Airlines warns 25,000 workers they could lose jobs

Associated Press  

DALLAS — American Airlines is notifying about 25,000 workers that their jobs could be eliminated in October because of plunging demand for air travel, adding to the toll that the virus pandemic is taking on the airline industry. American’s top executives said Wednesday that the number of furloughs could be lower if enough workers take buyouts or accept partially paid leave for up to two years. The airline’s two top officials said they thought American might avoid furloughs because they believed demand for air travel would “steadily rebound” by Oct. 1 as the virus outbreak weakened. Delta said in a regulatory filing that $500 million to $600 million of the charge would go toward cash payments to pilots, flight attendants, ground workers and other departing employees in the July-September quarter.

Employees Air Workers Airline Billion American Delta  airlines  25000  travel  billion  lose  airline  warns  virus  employees  air  pilots  furloughs  american  workers  jobs

History of this topic

American Airlines has a contract deal with flight attendants, and President Biden is happy about it
5 months, 2 weeks ago

American Airlines has a contract deal with flight attendants, and President Biden is happy about it

Associated Press  

FORT WORTH, Texas — American Airlines and the union representing its flight attendants said Friday they have reached agreement on a new contract that includes pay raises, and President Joe Biden said the deal avoids a strike that would have hurt the U.S. economy and consumers. American, which is based in Fort Worth, Texas, said the deal “will provide immediate …

Delta Airlines is hiking checked-baggage fees 17% following similar moves by United and American
10 months ago

Delta Airlines is hiking checked-baggage fees 17% following similar moves by United and American

Associated Press  

SAN FRANCISCO — In case you needed yet another incentive to cram all your travel items into a carry-on, Delta Airlines just boosted the cost of your first checked bag by 17%. Its move follows similar increases that American Airlines and United Airlines announced in February, three days apart; those high fees themselves followed fee hikes by smaller carriers Alaska …

American Airlines lost $545 million in the third quarter on higher labor costs while rivals prosper
1 year, 2 months ago

American Airlines lost $545 million in the third quarter on higher labor costs while rivals prosper

Associated Press  

DALLAS — American Airlines posted a $545 million loss for the third quarter as revenue was flat with last summer and costs rose, especially to cover a new contract with its pilots. Wall Street had already discounted the airline’s earning potential as jet fuel prices continue to creep higher: Analysts were expecting full-year profit of $2.34 per share even before …

American Airlines hit with largest-ever fine for long tarmac delays that trapped passengers
1 year, 4 months ago

American Airlines hit with largest-ever fine for long tarmac delays that trapped passengers

LA Times  

American Airlines owes $4.1 million for tarmac delays that trapped passengers on planes, the largest such fine against an airline since rules covering delays took effect about a decade ago. The federal government is fining American Airlines $4.1 million for dozens of instances in which passengers were kept on board planes without a chance to exit during long ground delays. …

American Airlines pilots ratify a new contract that includes big pay raises and bonuses
1 year, 4 months ago

American Airlines pilots ratify a new contract that includes big pay raises and bonuses

Associated Press  

DALLAS — American Airlines pilots have approved a new contract that will raise their pay by more than 40% over four years and increase company contributions to retirement plans, their union said Monday. “This contract is a big first step toward restoring the wages, benefits, and work rules that were lost during the past two decades while our profession was …

American Airlines rides travel boom to $1.3 billion profit in the second quarter as fuel prices drop
1 year, 5 months ago

American Airlines rides travel boom to $1.3 billion profit in the second quarter as fuel prices drop

Associated Press  

DALLAS — American Airlines reported a $1.34 billion profit for the second quarter, boosted by strong ticket sales and a huge drop in the price of jet fuel, and the airline raised its profit expectations for the year. Analysts were disappointed in American’s forecast that third-quarter revenue per seat will decline about 6% as the airline adds more flights, which …

American Airlines promises raises for pilots, matching Delta
1 year, 9 months ago

American Airlines promises raises for pilots, matching Delta

Associated Press  

DALLAS — The CEO of American Airlines says he is ready to give pilots raises and higher retirement contributions that would average 40% over four years to match a contract recently approved by pilots at Delta Air Lines. By the end of the agreement, Robert Isom said in a video to pilots, a top-scale captain on a plane like a …

American Airlines boosts outlook after busy holiday season
1 year, 11 months ago

American Airlines boosts outlook after busy holiday season

Associated Press  

DALLAS — American Airlines raised its forecast of fourth-quarter revenue and profit Thursday, boosted by higher fares and full planes capped off with a busy holiday travel period. Officials said any gain from Southwest’s meltdown was likely offset by American canceling more than 800 flights, or 2.6% of its schedule, in late December, according to FlightAware figures. American said revenue …

American Airlines loses $1.6 billion but sees better outlook
2 years, 8 months ago

American Airlines loses $1.6 billion but sees better outlook

Associated Press  

DALLAS — American Airlines lost $1.64 billion in the first quarter, a wider loss than a year ago, but said Thursday that it expects to turn profitable in the spring as travel demand strengthens. Air travel was subdued early in the year by the omicron variant that caused an increase in COVID-19 cases, but passengers returned in March, and American …

Airlines cancel flights due to COVID staffing shortages
3 years ago

Airlines cancel flights due to COVID staffing shortages

Associated Press  

NEW YORK — Airlines canceled hundreds of flights as the omicron variant jumbled schedules and drew down staffing levels at some carriers during the busy holiday travel season. American Airlines said it had “nothing to report,” while Southwest Airlines said “things are running smoothly.” JetBlue, which FlightAware said had canceled nearly 150 flights over Friday and Saturday, did not respond …

American plagued by major flight cancellations for 4th day
3 years, 2 months ago

American plagued by major flight cancellations for 4th day

Associated Press  

DALLAS — American Airlines struggled to fix its operation Monday but still canceled more than 400 flights as disruptions caused by staffing shortages at the big carrier continued for a fourth straight day. “Flight attendant staffing at American remains strained and reflects what is happening across the industry as we continue to deal with pandemic-related issues,” said Paul Hartshorn Jr., …

American Airlines cancels hundreds of weekend flights
3 years, 2 months ago

American Airlines cancels hundreds of weekend flights

Associated Press  

DALLAS — American Airlines canceled hundreds of flights Sunday for a third straight day as it struggled with staffing shortages and upended weekend plans for tens of thousands of travelers. By late afternoon Sunday, American had canceled more than 900 flights — one-third of its schedule for the day — after scrapping nearly 900 flights over the previous two days, …

American Airlines Cancels Over 1200 Flights Due to Staff Shortage and Bad Weather
3 years, 2 months ago

American Airlines Cancels Over 1200 Flights Due to Staff Shortage and Bad Weather

News 18  

American Airlines has had to cancel hundreds of flights this weekend due to staffing shortages triggered by weather-related disruptions, according to FlightAware data on Saturday. The website, which tracks delays and cancellations in the US skies, showed that American Airlines cancelled more than 800 flights on Friday and Saturday and expects more than 400 cancellations on Sunday. American Airlines CEO …

US plans to make airlines refund fees if bags are delayed
3 years, 6 months ago

US plans to make airlines refund fees if bags are delayed

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Transportation Department will propose …

American Airlines cutting flights as summer season starts
3 years, 6 months ago

American Airlines cutting flights as summer season starts

Associated Press  

DALLAS — American Airlines will cut hundreds of flights over the next three weeks to avoid overloading its operation as demand for summer air travel rises faster than once expected. Jantz said the cuts are “building in additional resilience and certainty to our operation.” She said American is making the most cuts on routes where it has multiple flights to …

US airline bailout helps Southwest post $116 million profit
3 years, 8 months ago

US airline bailout helps Southwest post $116 million profit

Associated Press  

DALLAS — Southwest Airlines is the first major U.S. airline to report a profit since the pandemic started, as federal payroll aid helped boost the company to net income of $116 million in the first quarter. Southwest is benefitting more from the pickup in leisure travel because its biggest rivals — American, Delta and United — depend more on business …

As virus cases spike, financial outlook for airlines dims
4 years, 1 month ago

As virus cases spike, financial outlook for airlines dims

Associated Press  

With coronavirus cases spiking in the U.S. and Europe, the financial outlook of the world’s airlines is getting worse. Airlines will lose more than $157 billion over this year and next because of the pandemic, their main trade group said on Tuesday, The forecast from the International Air Transport Association was worse than the group’s June estimate of $100 billion …

US airlines caution on winter challenges as covid-19 cases rise
4 years, 1 month ago

US airlines caution on winter challenges as covid-19 cases rise

Live Mint  

Delta Air Lines and Southwest Airlines on Thursday cautioned that the recent surge in COVID-19 cases may have a negative impact on travel over the winter holidays, a period the sector had hoped would see improved bookings. The U.S. Transportation Department said the country's airlines carried 65% fewer passengers in September versus the same month last year, the smallest decrease …

Watch: Flight Attendant Who Lost her Job Due to Covid Shares Emotional Goodbye on Last Working Day
4 years, 3 months ago

Watch: Flight Attendant Who Lost her Job Due to Covid Shares Emotional Goodbye on Last Working Day

News 18  

The Covid-19 crisis has caused job losses and many people are having to leave work that is their sole source of income. A latest addition in the list of names of people who have lost their livelihood due to the coronavirus crisis is flight attendant Breaunna Ross, who was working with the American Airlines. pic.twitter.com/WQk7YwwpVA— Sam Sweeney October 1, 2020 …

Airline furloughs begin as federal pandemic relief expires
4 years, 3 months ago

Airline furloughs begin as federal pandemic relief expires

Associated Press  

U.S. airlines began furloughing more than 32,000 employees on Thursday after a federal prohibition on job cuts expired. American Airlines and United Airlines said that they could reverse the furloughs if Congress and the White House quickly agree to provide billions more in taxpayer help to the embattled airline industry. The White House included $20 billion for airlines in a …

American, United to furlough 32,000 as time runs out on aid
4 years, 3 months ago

American, United to furlough 32,000 as time runs out on aid

Associated Press  

American Airlines and United Airlines say they will begin to furlough 32,000 employees after lawmakers and the White House failed to agree on a broad pandemic relief package that includes more federal aid for airlines. American Airlines CEO Doug Parker said that if Washington comes up with a deal with $25 billion for airlines “over the next few days,” the …

US airlines to make plea for new bailout ahead of Oct 1 layoffs
4 years, 3 months ago

US airlines to make plea for new bailout ahead of Oct 1 layoffs

Al Jazeera  

Major United States airlines plan to make a last-ditch bid to persuade Congress to grant them a new $25bn bailout to help avert thousands of employee furloughs set to begin October 1, even as a separate $25bn in government loans for the sector sits untapped. On Monday, two key Republican senators introduced legislation that would authorise another $25.5bn in payroll …

United Plans 16,000 Furloughs As Airlines Cut Jobs During Pandemic Downturn
4 years, 4 months ago

United Plans 16,000 Furloughs As Airlines Cut Jobs During Pandemic Downturn

NPR  

United Plans 16,000 Furloughs As Airlines Cut Jobs During Pandemic Downturn Enlarge this image toggle caption Daniel Slim/AFP via Getty Images Daniel Slim/AFP via Getty Images United Airlines will be putting 16,370 workers on involuntary, indefinite furlough at the start of October unless more aid materializes from the federal government, the company announced Wednesday. American Airlines recently announced 19,000 furloughs …

The airline industry could shrink by half to survive, United Airlines chairman says
4 years, 4 months ago

The airline industry could shrink by half to survive, United Airlines chairman says

CNN  

New York CNN Business — The US airline industry needs to shrink its labor costs by as much as 50% to survive – and even then it’s possible some carriers don’t make it through the crisis, United Airlines Executive Chairman Oscar Munoz told CNN Business. I suspect you may see more the longer this thing goes on.” Oscar Munoz, executive …

American Airlines to Shrink 30 Percent of Its Workforce in October After Federal Stimulus Ends
4 years, 4 months ago

American Airlines to Shrink 30 Percent of Its Workforce in October After Federal Stimulus Ends

News 18  

American Airlines warned Tuesday it will lay off around 19,000 workers on October 1 after federal aid expires unless lawmakers vote to give beleaguered US carriers more money. “Approximately 19,000 of our team members will be involuntarily furloughed or separated from the company on October 1," American said in a memo signed by Chief Executive Doug Parker and President Robert …

American Airlines Halting Service to 15 Airports Including Michigan and New York Amid Covid-19 Fallout
4 years, 4 months ago

American Airlines Halting Service to 15 Airports Including Michigan and New York Amid Covid-19 Fallout

News 18  

WASHINGTON: American Airlines Group Inc said Thursday it plans to suspend flights to 15 U.S. airports in October as travel demand remains low as a result of the coronavirus pandemic. Congress has been weighing for weeks whether to grant U.S. airlines another $25 billion in payroll assistance that would keep tens of thousands of airline workers on the job for …

American Airlines to cut 19,000 jobs when federal aid runs out in October
4 years, 4 months ago

American Airlines to cut 19,000 jobs when federal aid runs out in October

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy American Airlines announced it …

Jobs are being wiped out at airlines, and there’s worse to come
4 years, 5 months ago

Jobs are being wiped out at airlines, and there’s worse to come

Hindustan Times  

About 400,000 airline workers have been fired, furloughed or told they may lose their jobs due to the coronavirus, according to Bloomberg calculations. British Airways, Deutsche Lufthansa AG, Emirates Airline and Qantas Airways Ltd. are among the carriers announcing thousands of dismissals and unpaid leave programs. Delta Air Lines Inc., United Airlines Holdings Inc. and American Airlines Group Inc. have …

United Airlines warns 36,000 workers they could be laid off
4 years, 6 months ago

United Airlines warns 36,000 workers they could be laid off

Associated Press  

United Airlines is warning 36,000 employees — nearly half its U.S. staff — they could be furloughed in October, the clearest signal yet of how deeply the virus pandemic is hurting the airline industry. If every U.S. airline matched United’s worst-case scenario of furloughs, it could be extrapolated to about 240,000 lost jobs nationwide, given United’s share of the domestic …

United Airlines to close cabin crew bases in Hong Kong
4 years, 7 months ago

United Airlines to close cabin crew bases in Hong Kong

India TV News  

United Airlines will close its cabin crew bases in Hong Kong, as well as Tokyo and Frankfurt, eliminating a total of 840 jobs, as the COVID-19 pandemic continues to wreak havoc on international air travel, the Chicago-headquartered carrier announced. In a statement on Friday, the airline told its employees of the "difficult decision", with the Hong Kong base hit hardest …

American and Delta are preparing for potentially massive layoffs
4 years, 7 months ago

American and Delta are preparing for potentially massive layoffs

CNN  

New York CNN Business — Plummeting demand for travel has forced two major US carriers — Delta Air Lines and American Airlines — to gut their workforces through voluntary exit programs and layoffs. “A more efficient leadership team begins at the top, and we are restructuring all levels around key future leaders and functions, beginning with our officer team,” the …

Delta and United Airlines caught up in rising US-China tensions
4 years, 7 months ago

Delta and United Airlines caught up in rising US-China tensions

CNN  

Hong Kong/Beijing/Washington CNN Business — Rising tensions between the United States and China are spilling over into the airline industry. United Airlines and Delta Air Lines want to restart US-China routes in early June and have submitted applications to the Civil Aviation Administration of China to do so, according to the US Department of Transportation. The Chinese aviation regulator told …

Airlines will be cutting jobs this fall. Waiting until then poses a big problem
4 years, 7 months ago

Airlines will be cutting jobs this fall. Waiting until then poses a big problem

CNN  

New York CNN Business — US airline workers have been largely spared from the carnage that’s pushed the country’s unemployment to record highs since the start of the coronavirus pandemic. Southwest CEO Gary Kelly said on CNN this week that the carrier is going to do “everything that we can to preserve jobs.” But he pointed out that the federal …

U.S. airlines burn through $10 billion a month as traffic plummets
4 years, 8 months ago

U.S. airlines burn through $10 billion a month as traffic plummets

Hindustan Times  

U.S. airlines are collectively burning more than $10 billion in cash a month and averaging fewer than two dozen passengers per domestic flight because of the coronavirus pandemic, industry trade group Airlines for America said in prepared testimony seen by Reuters ahead of a U.S. Senate hearing on Wednesday. Even after grounding more than 3,000 aircraft, or nearly 50% of …

Airline nosedive: American, United post huge pandemic losses
4 years, 8 months ago

Airline nosedive: American, United post huge pandemic losses

Associated Press  

DALLAS — American Airlines and United Airlines lost a combined $4 billion in the first quarter as the coronavirus pandemic triggered a sharp drop in air travel, and the airlines are busy borrowing enough money to survive until passengers return in large numbers. “Never before has our airline, or our industry, faced such a significant challenge,” American Airlines Chairman and …

American Airlines posts $2.2 bn loss on pandemic, first since bankruptcy exit; total operating revenue declines nearly 20% to $8.5 bn
4 years, 8 months ago

American Airlines posts $2.2 bn loss on pandemic, first since bankruptcy exit; total operating revenue declines nearly 20% to $8.5 bn

Firstpost  

American Airlines has already reduced its flight schedule by about 80 percent in both April and May. American Airlines on Thursday posted a $2.2 billion net loss, its first quarterly loss since emerging from bankruptcy in 2013, and warned of a roughly $70 million per day cash burn in the second quarter as the coronavirus pandemic halts travel. The US …

American Airlines posts first loss since bankruptcy
4 years, 8 months ago

American Airlines posts first loss since bankruptcy

CNN  

New York CNN Business — American Airlines posted a significantly worse-than-expected loss in the first quarter, its first loss since emerging from bankruptcy six years ago. Excluding special items, the loss still came to $1.1 billion, worse than the $808 million loss forecast by analysts surveyed by Refinitiv. American said it expects to lose $70 million a day in the …

Airlines Apply For Relief Payments Amid Coronavirus Slowdown
4 years, 9 months ago

Airlines Apply For Relief Payments Amid Coronavirus Slowdown

NPR  

Airlines Apply For Relief Payments Amid Coronavirus Slowdown Enlarge this image toggle caption Daniel Slim/AFP via Getty Images Daniel Slim/AFP via Getty Images It appears most, if not all of the nation's major airlines have applied for a share of $50 billion in federal coronavirus aid. To qualify for the loans, the airlines must show that private credit is not …

US airlines seek $50 billion coronavirus bailout to avoid collapse as White House drafts financial assistance package
4 years, 9 months ago

US airlines seek $50 billion coronavirus bailout to avoid collapse as White House drafts financial assistance package

Firstpost  

A trade association warned that without action airlines could run out of money by year-end, and even sooner if credit card companies started withholding payments. Washingon: Major US airlines sought a government bailout of more than $50 billion as the White House is urgently drafting a financial assistance package in the wake of the steep falloff in US travel demand …

18% of U.S. workers have lost jobs or hours since coronavirus hit, poll finds
4 years, 9 months ago

18% of U.S. workers have lost jobs or hours since coronavirus hit, poll finds

LA Times  

With many businesses closed, traffic was light on Grand Avenue in downtown Los Angeles on Sunday afternoon. As fallout from the coronavirus pandemic hits the economy, it’s slamming the American workforce: Some 18% of adults reported that they had been laid off or that their work hours had been cut, a new poll found. The proportion affected grew for lower-income …

Coronavirus flight cuts could extend until summer. Airlines call for $58 billion in aid
4 years, 9 months ago

Coronavirus flight cuts could extend until summer. Airlines call for $58 billion in aid

LA Times  

Responding to new government travel restrictions and plunging demand, U.S. carriers plan to slash flight capacity by up to 75% on international routes and as much as 30% on domestic flights, with cuts projected to last until summer. The growing coronavirus outbreak also prompted a trade group that represents the U.S. airlines to call on the federal government to provide …

Discover Related