American Airlines to cut its workforce in October

American Airlines is planning to cut its workforce by 40,000, including 19,000 involuntary cuts, in October as the COVID-19 pandemic continues to affect air travel, unless the government extends aid for airline employee payrolls, according to Reuters.

American Airlines is planning to furlough 1,600 pilots and 8,100 flight attendants in October due to COVID-19 and decreased flying demand, despite attractive low fares.

 

The company has been aggressive with encouraging voluntary retirements in order to reduce the number of layoffs.

American Airlines will fly less than 50% of its normal schedule in the fourth quarter, with international flying reduced to only a quarter of 2019 levels.

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