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Delta Air Lines has 'real shot' at avoiding layoffs, furloughs: CEO
Delta CEO: Have a ‘real shot’ at no company furloughs by Oct. 1
Delta Air Lines CEO Ed Bastian on potential company furloughs, earnings, blocking middle seats and the importance of coronavirus relief from the CARES Act.
Delta Air Lines has a "real shot" at avoiding layoffs and furloughs, despite the devastating toll the coronavirus pandemic has taken on the airline industry, Delta CEO Ed Bastian said on Thursday.
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"One of the things we said at the beginning of the pandemic was that if we could avoid layoffs, certainly minimize layoffs, that would be a real testament to the strength of the company," Bastian told "Mornings with Maria." "We’ve got a real shot at doing just that."
Airlines cannot lay off employees before Oct. 1, under the terms agreed upon when accepting the aid package from the federal government.
More than 17,000 people, or 20 percent of Delta's workforce, agreed to early retirement, Bastian said.