More than 40,000 airline workers lose their jobs

The airline industry faces an unprecedented amount of job losses after the $25 billion in federal funding from March ran out Thursday and pressure is on Congress for more funding.
2:01 | 10/01/20

Coming up in the next {{countdown}} {{countdownlbl}}

Coming up next:

{{nextVideo.title}}

{{nextVideo.description}}

Skip to this video now

Now Playing:

{{currentVideo.title}}

Comments
Related Extras
Related Videos
Video Transcript
Transcript for More than 40,000 airline workers lose their jobs
And of course, the pandemic and its affect on jobs in this country. We learned today, 837,000 Americans applieded for unemployment benefits last week. More than 26 million now collecting benefits overall. And tonight, the airlines are now laying off tens of thousands of workers. ABC's gio Benitez covers Reporter: Tonight, unprecedented furloughs and layoffs in the airline industry. More than 40,000 workers out of a job, including Annette hala, who just this year bought her first home. I have my dream job, and so I have been asking myself, like, "What do you do when you lose your dream job? Where do you go from there?" I don't have any answers right now. Reporter: Then there's Lee and Brenda Erickson, who work for Alaska airlines. This is my last trip with Alaska airlines. I've been flying here for 36 years and I'm fortunate enough to fly with my son in the right seat. Reporter: Taking an early retirement so that their children, Kalin and Sidney can keep their jobs with Alaska. And we're seeing the flight attendants emotionally saying fwoob to their passengers. I will never forget seeing your faces today. Thank you from the bottom of my heart for the kindness shown on today's flight. Reporter: Airlines not the only ones struggling. Our parent company, Disney, laying off 28,000 people this week. And allstate, more than 7% of its workforce. Meanwhile the airlines, which already received $25 billion in federal funding in March, are now begging congress for another $25 billion more to get some of these workers back on the payroll. To those who might be sitting at home and saying, I don't plan on traveling any time soon, why should I care about this? What do you tell them? I would tell them, we power the economy. There will be significant reductions in service that are going to affect so many communities. Reporter: And David, 10 million jobs are supported by the airline industry, so, that means that we really could feel any ripple effects all across this economy. It could take years for this industry to recover. David? All right, gio Benitez with us tonight. Thank you, gio.

This transcript has been automatically generated and may not be 100% accurate.

{"duration":"2:01","description":"The airline industry faces an unprecedented amount of job losses after the $25 billion in federal funding from March ran out Thursday and pressure is on Congress for more funding.","mediaType":"default","section":"ABCNews/WNT","id":"73373657","title":"More than 40,000 airline workers lose their jobs","url":"/WNT/video/40000-airline-workers-lose-jobs-73373657"}