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American Airlines extends window for employees to seek voluntary exit

Published 08/11/2020, 04:35 PM
Updated 08/11/2020, 04:40 PM
© Reuters. FILE PHOTO: American Airlines planes are parked at the gate during the coronavirus disease (COVID-19) outbreak  in Washington
AAL
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WASHINGTON (Reuters) - American Airlines (O:AAL) told employees on Tuesday the company is extending the window to apply for voluntary exit packages or long-term voluntary leave of absences through Aug. 17.

The announcement comes as it is uncertain if Congress will approve another $25 billion in payroll assistance for passenger airlines to keep tens of thousands of workers employed for another six months after Sept. 30.

© Reuters. FILE PHOTO: American Airlines planes are parked at the gate during the coronavirus disease (COVID-19) outbreak  in Washington

American said it would "keep the application window open until we have more clarity about how Congress and the administration intend to proceed."

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