Southwest Airlines

Southwest CEO: No layoffs, furloughs on Oct. 1

In a letter to employees obtained by FOX Business, Southwest chairman and CEO Gary Kelly vowed that the airline will not furlough or layoff any of its employees on Oct. 1.

Airlines eye federal loans as COVID surge threatens demand, jobs

The largest U.S. air carriers have all signed letters of intent on federal loans to help them weather the novel coronavirus, with United Airlines warning employees on Tuesday that a surge in outbreaks was hitting bookings, threatening a travel rebound and jobs.