American Airlines CEO tells employees to brace for furlough warnings By Reuters

February 1, 2021 admin Stock News 0

© Reuters.

(Reuters) – American Airlines (NASDAQ:) Chief Executive Doug Parker told employees to brace for another round of furlough warnings in the near term as it expects to be over-staffed on April 1, when a payroll support package for airline workers expires.

Parker’s comments were made during a recent town hall meeting, according to a recording reviewed by Reuters and confirmed by American.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*