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Former Spirit Airlines CEO: Employees will lose jobs as Congress stalls on stimulus
Business travel won’t fully recover from coronavirus: Former Spirit Airlines CEO
Former Spirit Airlines CEO Ben Baldanza on the future of the airline industry amid the coronavirus pandemic.
As the U.S. waits for Congress to decide on additional coronavirus economic stimulus, airline industry employees are at risk of being let go, former Spirit Airlines CEO Ben Baldanza told “The Fox News Rundown.”
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Baldanza said airlines have been encouraging employees to voluntarily step away from work without pay to minimize the number of people furloughed or laid off. But as the industry demands fewer employees as a result of the pandemic, workers will be forced out of a job.
“That’s why I think it's so important that Congress act appropriately to support business,” he said. “And I think a re-up of the CARES money, as it relates to airline employees, makes a lot of sense.”
SPIRIT AIRLINES SAYS 20% TO 30% OF WORKERS AT RISK OF FURLOUGHS
According to Baldanza, some international airlines are at risk of going out of business as some countries continue to restrict travel. Since the outbreak, more than 900 planes worldwide have been “retired and rejected,” he said.
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