American Airlines To Cut 19,000 Jobs When Federal Aid Expires In October

American Airlines will cut 19,000 employees in October when federal aid that protected those jobs expires and as the coronavirus pandemic continues to devastate travel demand.

The airline, which employed more than 140,000 people in March, is prohibited from laying off workers through September 30 under the terms of a $25 billion federal aid package set aside for carriers to weather the worst of the crisis.