U.S. airlines are pressing lawmakers to get a full-scale expansion of their $32B U.S. Revenue support app for airlines, airports and builders set to expire in September, cautioning that many flights may evaporate and more tasks are in danger without it, Reuters reports.
Southwest Airlines (LUV -0.8%) CEO Gary Kelly said in a video message to workers that the company backs the attempt, and he wishes to expand a ticket tax holiday and also pass additional tax breaks which provide Americans incentives to traveling, otherwise “we will not ever punch our way out of the catastrophe.”
The citizenship financing program needs the airlines to keep minimum support levels through Sept. 30, and American Airlines (AAL -0.9%) subsidiary PSA warns it may have to furlough a different 230 pilots and flight attendants in addition to the 1,000 possible furloughs declared this month.
Between American and United Airlines (UAL -1.9%), over 60K frontline employees have received warnings that their occupations are in danger.
Meanwhile, Frontier Airlines informs Reuters it’s planning to send notices to employees caution which 35% of its flight attendants and pilots may be furloughed by Oct. 1.
The warning follows a similar warning from cheap company Spirit Airlines (SAVE -3.5%) before this week.