, or about 21% of its total pilot jobs, without further government intervention. Up to 36,000 jobs could be at risk, the airline previously said.
Congress and the White House appear to remain at an impasse over further aid measures after a month of debate. Unemployment and the pandemic, meanwhile, show no signs of slowing anytime soon. The US, while average daily case counts have fallen 18% in recent weeks. July and August are usually the busiest time of year for airlines, thanks to a summer travel rush. Yet traffic is only barely above April lows, according to estimates from UBS. Business travel, long a boon for airlines' bottom lines, doesn't appear to be returning soon either.
Source: News Formal (newsformal.com)
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