A ‘clean extension’ of the CARES Act means another $5.8 billion for American, a lot more money than they’d save with furloughs, and then we’ll be back to laying off employees again April 1 when it’s no longer election season.
Matthew Klint asks if American’s plan to drop ‘up to 30 cities’ without CARES Act money is ‘just a ruse’. It’s not, though the timing of leaking the story to Leslie Josephs was clearly designed as a tactic to push for a second government bailout.