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Dollar Tree and Family Dollar agree to take steps to improve worker safety at the bargain stores
Read full article: Dollar Tree and Family Dollar agree to take steps to improve worker safety at the bargain storesU.S. regulators have announced a settlement with the company that runs Dollar Tree and Family Dollar aimed at improving worker safety at thousands of the bargain stores across the country.
American Airlines posts $1.25 billion loss, delays new jets
Read full article: American Airlines posts $1.25 billion loss, delays new jetsAmerican Airlines is reporting another big loss as the pandemic continues to hammer air travel, but the airline says it is seeing signs of more demand for tickets.
US air travel rises to highest levels yet since pandemic hit
Read full article: US air travel rises to highest levels yet since pandemic hit(AP Photo/Rick Bowmer, File)Across the United States, air travel is recovering more quickly from the depths of the pandemic, and it is showing up in longer airport security lines and busier traffic on airline websites. "Our last three weeks have been the best three weeks since the pandemic hit, and each week has been better than the one prior,” American Airlines CEO Doug Parker said Monday. However, the airlines still have far to go before travel fully returns to pre-pandemic levels. Since the pandemic hit, air travel has picked up a few times — mostly around holidays — only to drop back down. The airline said people are booking leisure trips to beach and mountain destinations but business travel is still lagging.
New COVID-19 relief bill will save thousands of Miami-based airline jobs
Read full article: New COVID-19 relief bill will save thousands of Miami-based airline jobsMIAMI – Airline workers who received notices that their jobs were in jeopardy are now breathing a sigh of relief after House Democrats passed a massive $1.9 COVID-19 relief bill expected to be signed by president Joe Biden. “For our 13,000 colleagues who received Worker Adjustment and Retraining Notification notices last month, those are happily canceled — you can tear them up!” wrote American Airlines CEO Doug Parker. The warnings of furloughs came last month, when tens of thousands of airline workers were told they could be furloughed by April 1st when the latest payroll support program from congress was to expire. Airlines have lost billions over the last year, blaming an initially slow vaccine rollout and new COVID testing restrictions. Roughly 2,000 Miami-based American Airlines employees faced furlough last year, but were recalled when the paycheck protection program was extended.
American Airlines warns employees about possibility of more furloughs
Read full article: American Airlines warns employees about possibility of more furloughsConsequently, like last fall, we will have more team members than the schedule requires after federal payroll support expires April 1. On Friday, we will begin issuing Worker Adjustment and Retraining Notification (WARN) notices covering approximately 13,000 team members. As a reminder, WARN notices may be required by law in advance of potential furloughs in certain locations, but it’s important to note that these notices do not necessarily equate to furloughs. • Early out program for team members with 10 or more years of workgroup seniority: An early out offering for team members with at least 10 years of workgroup seniority. Obviously, issuing these required WARN notices isn’t a step we want to take.
Airlines close books on rotten 2020 and so far, 2021 is grim
Read full article: Airlines close books on rotten 2020 and so far, 2021 is grimAn American Airlines Boeing 777 is framed by utility wires as it prepares to land at Miami International Airport, Wednesday, Jan. 27, 2021, in Miami. And now a halting rollout of vaccines threatens to further delay a recovery in travel and the travel industry. On Thursday as airlines reported results, a new coronavirus variant identified in South Africa was found in the United States for the first time, with two cases diagnosed in South Carolina. “Travel restrictions on international have resulted in a reduction in demand,” American Airlines CEO Doug Parker said. AdJETBLUE AIRWAYSJetBlue reported a loss of $381 million, after reporting a profit in the fourth quarter of 2019.
Airlines and begin furloughing employees as Payroll Support Program expires
Read full article: Airlines and begin furloughing employees as Payroll Support Program expiresAirlines began furloughing more than 30,000 employees Thursday as the Payroll Support Program under the CARES Act expired. Parker said the airline would begin furloughing 19,000 employees on Thursday, but said the airline would reverse the furlough processes and recall any impacted employees if efforts to extend the PSP are successful. Please keep contacting your elected officials about the importance of reaching an agreement that will extend PSP. We are not done fighting.”United Airlines, meanwhile, told employees they would begin furloughing about 13,000 employees. “We implore our elected leaders to reach a compromise, get a deal done now and save jobs.”Aviation expert Ben Mutzabaugh says that because demand for flights is so low right now, without an extension to the Payroll Support Program, airlines just can’t afford to pay their full staffs.
American, United to furlough 32,000 as time runs out on aid
Read full article: American, United to furlough 32,000 as time runs out on aidAmerican 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. She said a bailout that keeps airline workers employed would be cheaper for the government than putting them on the unemployment line during a pandemic. Beyond American and United, smaller airlines have sent layoff warnings to several thousand employees. Late Tuesday, the Treasury Department said it completed loans to seven major airlines: American, United, Alaska, JetBlue, Frontier, Hawaiian and SkyWest. American now expects to borrow $5.5 billion from the Treasury, and United can get $5.17 billion.
American Airlines plans 19,000 furloughs, layoffs in October
Read full article: American Airlines plans 19,000 furloughs, layoffs in OctoberFILE - In this May 28, 2020 file photo, travelers check in at the American Airlines terminal at the Los Angeles International Airport in Los Angeles. American Airlines says it will furlough or lay off 19,000 employees in October as it struggles with a sharp downturn in travel because of the pandemic. (AP Photo/Marcio Jose Sanchez, File )DALLAS American Airlines said Tuesday it will eliminate 19,000 jobs in October as it struggles with a sharp downturn in travel because of the pandemic. U.S. air travel plunged 95% by April, a few weeks after the first significant coronavirus outbreaks in the United States. In March, passenger airlines got $25 billion from the government to save jobs for six months, and American was the biggest beneficiary, receiving $5.8 billion.
American, Southwest add to US airline industry's 2Q losses
Read full article: American, Southwest add to US airline industry's 2Q lossesThat pushed the combined loss of the nation's four biggest airlines to more than $10 billion in just three months. Between them, American and Southwest carried 15.4 million passengers from April through June. Earlier, Delta Air Lines reported a $5.7 billion loss that was worsened by writing down investments in global airline partners who have filed for bankruptcy protection, and United lost $1.6 billion. American, based in Fort Worth, Texas, reported a loss of $2.07 billion, compared with a year-ago profit of $662 million. Seattle-based Alaska Airlines said it lost $214 million compared with a $262 million profit a year earlier.
Airlines increase job cuts as pandemic crushes air travel
Read full article: Airlines increase job cuts as pandemic crushes air travelAmerican Airlines, meanwhile, plans to cut its 17,000 management and support staff by 30% about 5,100 jobs. Major airlines in Europe and the United States are on better footing after receiving promises of billions in assistance. If the pandemic rages on and air travel remains severely depressed this fall, however, there are no guarantees, even for the strongest airlines. The airlines' troubles are creating ripples through the aviation industry, at aircraft makers Boeing and Airbus and their suppliers. Airlines are looking for governments to help not only with financial aid but to take steps that might encourage more people to fly.