American Airlines extends window for employees to seek voluntary exit

Reuters has reported American Airlines (O:AAL) has informed its employees that the window to apply for voluntary exit packages or voluntary exit packages is being extended to August 17, the news source said.

The extension also applies to long-term voluntary leaves of absences.

The announcement comes when it is uncertain if Congress will approve another USD 25 billion in payroll assistance for passenger airlines to keep tens of thousands of workers employed for another six months after Sept. 30.

American said it would keep the application window open until there is clarity about how Congress and the administration intend to proceed.