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http://www.snopes.com/fact-check/american-airlines-layoffs/(permalink)

Author: snopescom

Factors

veracity

language

English

Date published

2021-06-22

Entities

Layoff Purchasing power parity Snopes American Airlines CNBC Life insurance Database Reuters NBC Dallas PlayStation Portable Chief executive officer CNN Twitter American City Business Journals The Dallas Morning News Hyponymy and hypernymy Doug Parker

Claims (1)

During the COVID-19 pandemic, American Airlines received almost $7 billion in PPP loans from the federal government but still laid off 30,000 employees. Meanwhile, the airline's CEO collected almost $11 million in compensation.

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