As with other U.S airlines (Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Frontier Airlines, Hawaiian Airlines, JetBlue Airways, United Airlines, SkyWest Airlines and Southwest Airlines), American Airlines has accessed funding as part of the U.S the Coronavirus Aid, Relief, and Economic Security (CARES) Act.

It will receive $5.8 billion from the Payroll Support Program (PSP) to support staff salaries and benefits, which comes in two forms: a direct grant of $4.1 billion, and a low-interest rate loan of $1.7 billion. In addition to the $5.8 billion, American expects to separately apply for a loan from the U.S. Treasury of approximately $4.75 billion.

Now you’d think there be alright with 6 billion but noooooooooo :yahoo:

American Airlines has said it will cut 19,000 jobs in October when a government wage support scheme extended to airlines during the pandemic comes to an end.,than%20it%20was%20in%20March.