WASHINGTON - Tens of thousands of airline workers will lose their jobs in a matter of days if Congress is unable to break through its gridlock, even though a majority of lawmakers support heading off the looming layoffs for an industry that's been decimated by the coronavirus, Sam Mintz reports for Politico. Continue reading original article.
The Intelligent Aerospace take:
September 30, 2020 -In March, President Trump signed the $2.2 trillion CARES Act, which provided economic relief to companies suffering with the global COVID-19 pandemic, including the heavily-impacted aerospace and travel industries. Months later, congress does not appear likely to pass another as three Republican senators objected to another round of financial relief.
Mintz writes that a $28 billion cash infusion would be needed for airlines to keep pilots, flight attendants, ground crews, and other employed.
"I just can't believe that we may not be able to do the right thing simply because our elected officials can't come to any sort of compromise agreement," American Airlines CEO Doug Parker said at a rally outside the Capitol last week according to Mintz.
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Jamie Whitney, Associate Editor
Intelligent Aerospace