American Airlines and United Airlines have withdrawn more than 27,000 employee furloughs thanks to the $1.9 trillion federal stimulus package.
- After the bill was passed by the House on Wednesday, American CEO Doug Parker told employees that furloughs were "happily canceled - you can tear them up!"
- United CEO Scott Kirby announced that "Thousands of frontline workers will now receive paychecks and health care through September".
- The airline industry has hemorrhaged money since the pandemic began, with air traffic down 60% from one year ago.
- Have you been on a plane since the pandemic began? How long will it take for the airline industry to fully recover?
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