CHICAGO: United Airlines said on Wednesday it is preparing to furlough 16,370 workers on Oct 1 as the coronavirus pandemic continues to devastate the airline industry.
Airlines received US$25 billion in US government stimulus funds in March meant to cover payrolls and protect jobs through September, when the industry had hoped for a rebound. US passenger airlines are still collectively losing more than US$5 billion a month as 30 per cent of planes remain parked. Passenger travel demand is down about 70 per cent and, on average, planes that are flying are half-full.United's schedule for September is 63 per cent smaller than a year ago.
Rival American Airlines last week said it will lay off 19,000 workers without federal aid. Including voluntary departures or leaves, its 140,000 pre-pandemic workforce will shrink by 30 per cent.
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