American Airlines extends window for employees to seek voluntary exit

Reuters

Published Aug 11, 2020 04:35PM ET

WASHINGTON (Reuters) - American Airlines (O: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.