Daily Memo: More Clarity Needed On CARES Act Employment Terms

aircraft
Credit: Joe Pries
Some U.S. airlines have discovered a workaround to the CARES Act’s prohibition on employee pay cuts, and their unions are not having any of it. In order to receive their share of the $25 billion in payroll grants provided under the stimulus law, passenger carriers committed to abstain from...
Ben Goldstein

Based in Rhode Island, Ben covers advanced air mobility and is a contributor to Aviation Week’s Business Aviation & AAM Report.

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Daily Memo: More Clarity Needed On CARES Act Employment Terms is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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