Political Quotes

On the recordOctober 1, 2020
As we stand here on October 1, a few hours ago the leadership of airline industries all across America announced very sad news for their workforce. The fact of the matter is that, with CARES Act money expiring at midnight last night, massive layoffs are now going to be implemented over the next few days and weeks. American Airlines and United Airlines, together, about 32,000 workers are going to be laid off today, this morning. Again, other airlines are doing exactly the same thing. The impact, the ripple effect in terms of the collapse of consumer demand because international air travel is virtually nonexistent, domestic air travel is way down and it is going to stay down for months to come, has resulted, again, in a ripple effect in the aerospace industry. {time} 0930 Raytheon Technologies up in New England, which is the parent company of Pratt & Whitney, announced 16,000 layoffs, again, because the commercial airline industry's demand is basically drying up. Boeing industry announced 16,000 layoffs also because of the same reason. The commercial sector in terms of airline orders, again, has completely dried up. They are not the only sector that are still struggling in this COVID recession. Talk to any restaurant owner in any district all across America, talk to anyone who is involved in the tourism destination. Disney announced 23,000 layoffs on Monday, again, because of the collapse in visits because of the COVID pandemic.…
Said by
Joe Courtney
Democratic · Connecticut
Source
govinfo.gov
Oct 1, 2020

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