American Airlines Group will cut 19,000 workers once federal payroll aid expires as scheduled on October 1, capping a 30 per cent workforce reduction since the coronavirus pandemic began to torpedo travel demand.
About 17,500 employees will be furloughed, meaning they are eligible to be called back when conditions improve, while 1,500 previously announced cuts to management staff will take effect, the airline said in an email Tuesday. American is the first major carrier to disclose the extent of shrinking operations to adjust to passenger numbers that are down 70 per cent from last year.
American’s plan heralds thousands more job cuts at US airlines after September 30, when job protections linked to federal financial aid expire. Debate has stalled in Congress over a six-month extension of the government’s $25 billion(Dh91.8bn) payroll support programme for passenger carriers, which would carry the same restrictions on workforce cuts. American said the involuntary job cuts could be avoided if lawmakers extend payroll support.
“We have come to you many times throughout the pandemic, often with sobering updates on a world none of us could have imagined,” chief executive Doug Parker and President Robert Isom said in a letter to employees that was disclosed in a regulatory filing. “Today is the hardest message we have had to share.”
American fell 3.6 per cent to $12.96 at 11.28 am in New York, a day after airlines rallied on upbeat expectations for coronavirus treatments and vaccines. The shares tumbled 53 per cent this year through Monday, with only United Airlines Holdings declining more on a Standard & Poor’s index of major US carriers.
Based on current demand, American plans to fly less than 50 per cent of its normal schedule in the fourth quarter, with long-haul international at only 25 per cent of 2019 levels, Mr Parker and Mr Isom said.
The planned job cuts will lower American’s total employment to less than 100,000, compared with about 140,000 in March. About 12,500 workers have left voluntarily and 11,000 will be on leave starting October 1.
The Fort Worth, Texas-based airline previously warned that as many as 25,000 workers could be laid off, while United put its number at 36,000.
Delta Air Lines said Monday that it will furlough 1,941 pilots, but hasn’t outlined changes for other employee groups. Southwest Airlines has said enough employees took early retirement and leave that it will have no furloughs through the end of this year.
More than 150,000 workers at the four largest US carriers already have taken early departures or agreed to temporary leave of various length.
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More from Rashmee Roshan Lall
The specs
AT4 Ultimate, as tested
Engine: 6.2-litre V8
Power: 420hp
Torque: 623Nm
Transmission: 10-speed automatic
Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)
On sale: Now
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Engine: 80 kWh four-wheel-drive
Transmission: eight-speed automatic
Power: 402bhp
Torque: 760Nm
Price: From Dh280,000
Results
Men's finals
45kg:Duc Le Hoang (VIE) beat Zolfi Amirhossein (IRI) points 29-28. 48kg: Naruephon Chittra (THA) beat Joseph Vanlalhruaia (IND) TKO round 2.
51kg: Sakchai Chamchit (THA) beat Salam Al Suwaid (IRQ) TKO round 1. 54kg: Veerasak Senanue (THA) beat Huynh Hoang Phi (VIE) 30-25.
57kg: Almaz Sarsembekov (KAZ) beat Tak Chuen Suen (MAC) RSC round 3. 60kg: Yerkanat Ospan (KAZ) beat Ibrahim Bilal (UAE) 30-27.
63.5kg: Abil Galiyev (KAZ) beat Nouredine Samir (UAE) 29-28. 67kg: Narin Wonglakhon (THA) beat Mohammed Mardi (UAE) 29-28.
71kg: Amine El Moatassime (UAE) w/o Shaker Al Tekreeti (IRQ). 75kg: Youssef Abboud (LBN) w/o Ayoob Saki (IRI).
81kg: Ilyass Habibali (UAE) beat Khaled Tarraf (LBN) 29-28. 86kg: Ali Takaloo (IRI) beat Emil Umayev (KAZ) 30-27.
91kg: Hamid Reza Kordabadi (IRI) beat Mohamad Osaily (LBN) RSC round 1. 91-plus kg: Mohammadrezapoor Shirmohammad (IRI) beat Abdulla Hasan (IRQ) 30-27.
Women's finals
45kg: Somruethai Siripathum (THA) beat Ha Huu Huynh (VIE) 30-27. 48kg: Thanawan Thongduang (THA) beat Colleen Saddi (PHI) 30-27.
51kg: Wansawang Srila Or (THA) beat Thuy Phuong Trieu (VIE) 29-28. 54kg: Ruchira Wongsriwo (THA) beat Zeinab Khatoun (LBN) 30-26.
57kg: Sara Idriss (LBN) beat Zahra Nasiri Bargh (IRI) 30-27. 60kg: Kaewrudee Kamtakrapoom (THA) beat Sedigheh Hajivand (IRI) TKO round 2.
63.5kg: Nadiya Moghaddam (IRI) w/o Reem Al Issa (JOR).
The National Archives, Abu Dhabi
Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.
Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en
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The years Ramadan fell in May
The years Ramadan fell in May
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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Specs
Engine: Duel electric motors
Power: 659hp
Torque: 1075Nm
On sale: Available for pre-order now
Price: On request
