United, pilots union reach deals on early retirements and voluntary furloughs
United would be the last of the big three U.S. carriers to reach an agreement for early leaves for their pilots.
Airlines are prohibited from laying off or furloughing workers through Oct. 1 under the terms of federal aid.United Airlines United and its competitors are scrambling to slash costs as the coronavirus devastates travel demand. The chances for a recovery in air travel amid the pandemic are becoming more remote with cases of Covid-19 spiking and states like New York and New Jersey issuing travel restrictions to stop the disease from spreading, executives have warned.
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