Lou Whiteman, The Motley FoolMotley FoolMay 15, 2020, 1:56 PM CDT
United Airlines Holdings (NASDAQ:UAL) in June has work for only about 3,000 of its 25,000 flight attendants in June, according to reports, highlighting how deep cuts to the airline’s schedule have been and just how unsustainable current airline business practices are.
Airlines have been hit hard by the COVID-19 pandemic, which has caused travel demand to evaporate. The industry, United included, has responded by cutting flights and grounding planes, but, as a condition of the $50 billion government bailout package, airlines are prohibited from furloughing or laying off workers. That means a lot of workers with not much to do.