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Special Jetwire

A Message from Doug Parker Wednesday, Sept. 30, 2020

Dear Colleagues,

You are all well aware that tomorrow, Oct. 1, the Payroll Support Program (PSP) under the
CARES Act is set to expire. Despite enormous bipartisan support for an extension of the PSP,
our elected officials have not been able to reach agreement on a COVID-19 relief package that
would enable this extension. As a result, tomorrow, we will begin the difficult process of
furloughing 19,000 of our hardworking and dedicated colleagues.

I spoke late today with the Secretary of the Treasury Steven Mnuchin. He informed me that the
White House and Speaker Nancy Pelosi are continuing to negotiate on a bipartisan COVID-19
relief package that would include an extension of the PSP and it is possible they could reach an
agreement in the coming days. There are also efforts in both the Senate and the House of
Representatives to pass a standalone PSP extension if the broader relief package does not
proceed.

Unfortunately, there is no guarantee that any of these efforts will come to fruition. However, in an
effort to encourage cooperation and keep hope alive for our team, I informed the Secretary that if
these efforts to extend PSP are successful over the next few days, we will reverse our furlough
processes and recall any impacted team members.

I am extremely sorry we have reached this outcome. It is not what you all deserve. It is a
privilege to advocate on behalf of the hardworking aviation professionals at American and
throughout the industry, and you have my assurance that we will continue to do so in the days
ahead. Please keep contacting your elected officials about the importance of reaching an
agreement that will extend PSP. We are not done fighting.