Airline labor seeks payroll support program extension (goiam.org)
June 26, 2020
Specifically, we [International Machinists Union] are asking for:
- Increase PSP funding levels by an additional $32 billion (covering six months)
- Extend requirements relating to involuntary furloughs, share repurchases, dividend payments, and collective bargaining agreements to March 31, 2021
- Require Treasury to immediately disburse funds to every air carrier and contractor that executed a Payroll Support Program Agreement, an amount equal to their current payroll support.
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Read the full statement here>>