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-0.000176709666018696 -0.000530128998056214 0.000530128998056214 0.00176709666018734 0.00238558049125284 0.00238558049125284 -0.00123696766213112 -0.00123696766213112
Stock impact report

United won't furlough flight attendants in October as demand rebounds [Reuters]

United Airlines Holdings, Inc. (UAL) 
Last united airlines holdings, inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
Company Research Source: Reuters
December 6, 2019. REUTERS/Chris Helgren CHICAGO (Reuters) -United Airlines' flight attendants will not be furloughed when federal aid meant to protect U.S. airline workers during the coronavirus pandemic expires on Oct. 1, according to a staff memo, thanks to a travel rebound. The fate of U.S. airline workers has shifted dramatically in the three months since the industry won a third payroll support package in March. As more Americans receive COVID-19 vaccines, travel demand has surged, driving the need for more workers. John Slater, United's senior vice president of inflight services, cited an “increase in customer demand and our current outlook for the future” in his memo, which was reviewed by Reuters. “This announcement makes it clear: the Payroll Support Program (PSP) worked,” said Sara Nelson, president of AFA International representing nearly 50,000 flight attendants at 17 airlines including United. U.S. airlines received a total of $54 billion in payroll aid which pr Show less Read more
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