American Airlines is moving ahead with furloughs, CEO says

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© Reuters. FILE PHOTO: People walk past an American Airlines logo at John F. Kennedy (JFK) airport in in New York © Reuters. FILE PHOTO: People walk past an American Airlines logo at John F. Kennedy (JFK) airport in in New York

CHICAGO (Reuters) – American Airlines (NASDAQ:) is moving ahead with 19,000 employee furloughs on Thursday, Chief Executive Doug Parker said in a memo to employees on Wednesday.

U.S. airlines have asked the U.S. Congress to extend a $ 25 billion payroll support program that protected jobs until Oct. 1 for another six months but so far no agreement has been reached.

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