CEO of United Airlines has been seeking help from Federal sources

CEO of United Airlines has been seeking help from Federal sources

The CEO of United Airlines, Oscar Munoz, the president of the airlines along with the four officials of the union said on this Friday that without the federal help in the month, the company is going to be starting to take some extreme steps for the reduction of the payroll for matching the 60% reduction in the flying which had been planned in the month of April.

United Airlines had 96,000 employees at the beginning of the year, the proportional layoffs would be close to a level off of 58,000 jobs however the officials in airlines said they are not envisioning that many losses of job. As the alternative, this airline has been considering a slash of pay and a combination of the pay and job cuts. As of now, there has not been any major airline in the United States that has announced this layoff due to the outbreak of Coronavirus, though two regional carriers have said that they are going to shut down in the coming month. Among the big airlines have cancelled many thousand flights and grounded many hundreds of the airplanes and have been asking employees for taking the unpaid leave or an early retirement. Delta has said that there are 13,000 employees who have been agreeing on an unpaid leave.

The United officials have not explained what they are considering a sufficient amount of aid however the cash grants who are appearing to be a stumbling block in the talks between the airlines industry and the representative as well as Washington. The airline industry has been lobbying for the $29 billion worth of cash grants for the United Airlines.

Post Comment