Delta takes $3 billion charge on buyouts, American Airlines workers brace for furlough warnings

American Airlines employees were bracing for furlough warnings this week, people familiar with the matter said on Monday, while United Airlines has already sent warnings to 36,000 workers, or about 45% of staff. According to labor rules, airlines must give employees 60 days’ notice of potential furloughs. Any furloughs would be the first in the low-cost airline’s history. …read more

Source:: Yahoo Finance

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