On November 14th we were writing that at least 90,000 people will lose their job by the end of December as a result of mass layoffs by major U.S. airline companies. Aviation giants, such as United Airlines and American Airlines laid off 32,000 workers last October in an attempt to blackmail the U.S. government for higher subsidies.
The COVID-19 pandemic had a serious impact on the aviation industry due to travel restrictions and a significant slump in demand among travellers. No travellers means less profits for the big airliners. In order to reduce losses, the monopolies of aviation proceed to a series of anti-labor measures, including pay cuts, furloughs and, of course, layoffs.
The COVID-19 pandemic had a serious impact on the aviation industry due to travel restrictions and a significant slump in demand among travellers. No travellers means less profits for the big airliners. In order to reduce losses, the monopolies of aviation proceed to a series of anti-labor measures, including pay cuts, furloughs and, of course, layoffs.
