Categories: Aviation

In Five Weeks, Some 70,000 Airline Jobs Will Be at Risk

The date, unfortunately, has been circled on the calendar like a happy occasion – a birthday, an anniversary, a holiday, vacation, a wedding.

But Oct. 1 does not loom as a happy occasion. Not one bit.

That’s the day when U.S. airlines – which had to agree not to fire or furlough employees as part of the provisions of accepting grants and loans from the CARES Act in March – can begin laying off workers. And it’s possible that 70,000 jobs could be at risk on that date.

Passenger volumes are still down 71 percent compared to last year, and experts predict it is unlikely they will return to pre-pandemic levels until 2024, according to Yahoo News.

That’s why virtually every aspect of the airline industry is heavily lobbying Congress to pass a second stimulus that would include payroll protection grants for carriers. No agreement has been reached as of yet.

“We expect demand will continue to be volatile and recovery will not be perfectly linear as customers’ willingness to travel evolves and regions reopen for business, and as infection rates change over time,” JetBlue President and COO Joanna Geraghty said.

Over the past few months, airlines have attempted to avoid layoffs by implementing a variety of cost-cutting measures, including voluntary separations. Almost 20 percent of Delta Air Lines employees – more than 17,000 workers – have accepted early retirement offers and buyouts, and “thousands more” have agreed to take voluntary unpaid leaves.

“A difficult but necessary step towards Delta’s transformation into a smaller, more nimble airline that will be better positioned to endure the crisis and recover quickly,” Delta CEO Ed Bastian said.

“It is the best use of the public’s money because it keeps our airlines intact – a vital service during this pandemic,” Sara Nelson, both a current flight attendant and president of the Association of Flight Attendants-CWA, AFL-CIO, said.

This post was published by our news partner: TravelPulse.com | Article Source
TJS News

TravelPulse.com, part of the travAlliancemedia network of products, is the leading resource for the latest travel news, offers, and videos. Since 2002, TravelPulse.com has been delivering industry news, dynamic video content and important supplier and destination information that have allowed hundreds of thousands of travel agents to succeed. Now, with dedicated consumer content, TravelPulse is once again revolutionizing the way that travel content is consumed.

Recent Posts

Spring Travel Without the Crowds: Under-the-Radar Getaways to Book Now

As spring break crowds head to the usual hotspots, it’s a great time to consider…

3 days ago

Navidades en el Río Rin con Viking River Cruises

Acompañenme y descubramos los mercados navideños a bordo del Viking Kara.

6 days ago

Snow, Stories & Sailing North

Episode 9 of The Jet Set delivers a fun mix of winter travel inspiration, entertainment…

7 days ago

A Little Heat, and A Little France

Episode 8 of The Jet Set is a flavorful journey that takes viewers from the…

7 days ago

Sips, Ships & a Secret Island

  Episode 7 of The Jet Set is packed with unique travel inspiration, from hidden…

7 days ago

Luxury, Laws & a Little Scottsdale Sun

Episode 6 of The Jet Set brings together timely travel information, luxury cruise insight, and…

7 days ago