American Airlines extends window for employees to seek voluntary exit
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FILE PHOTO: A member of a ground crew walks past American Airlines planes parked at the gate during the coronavirus disease (COVID-19) outbreak at Ronald Reagan National Airport in Washington, U.S., April 5, 2020. REUTERS/Joshua Roberts
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WASHINGTON (Reuters) - American Airlines (NASDAQ: 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.
American said it would "keep the application window open until we have more clarity about how Congress and the administration intend to proceed."
(Reporting by David Shepardson; Editing by Chris Reese)
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