Local News

Actions

Financial Focus: United Airlines will not furlough pilots for now

Posted at 7:10 PM, Sep 28, 2020
and last updated 2020-09-28 22:10:03-04

LAS VEGAS (KTNV) — In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas.

United Airlines has agreed not to furlough any of its pilots until at least June 2021 according to a pilots union email.

United had planned to furlough nearly 3000 of its 13,000 pilots when money from the Cares Act would expire on Thursday.

The Cares Act provided a $50 billion bailout to keep United Airlines afloat.

Financial Focus is sponsored by Clark County Credit Union. Watch it weekdays on 13 Action News.