⁍ The union representing Southwest Airlines’ flight attendants rejected management’s call for negotiated pay cuts to avoid furloughs.
⁍ On Monday, Southwest Chief Executive Gary Kelly said he was asking unions to agree to pay cuts in order to prevent furloughs and layoffs through 2021.
⁍ U.S. airlines are burning through millions of dollars every day as demand hovers around 30% of 2019 levels.
– Southwest Airlines is asking pilots and flight attendants to take a 10% pay cut as the airline scrambles to make ends meet. CEO Gary Kelly says the cuts are necessary to prevent the airline from laying off or furloughing workers over the next five years, reports the Wall Street Journal. The airline, which has laid off thousands of workers over the last few months as it deals with the H1N1 virus, says it needs to cut costs by $1.2 billion this year. Southwest’s pilots, meanwhile, have tentatively agreed to meet with management to discuss cost cuts if a second stimulus package fails to pass in Washington, Reuters reports.
Source: https://www.reuters.com/article/us-health-coronavirus-southwest-jobs/southwest-flight-attendants-reject-call-for-pay-cuts-urge-federal-aid-idUSKBN26R3EM