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 Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s 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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