Airlines prepare for tens of thousands of job cuts unless 11th hour bailout is reached

Tens of thousands of good-paying airline jobs could be lost as soon as Thursday, as a federal prohibition on jobs cuts in the industry is set to expire. But hopes still remain for an 11th hour deal to avoid the cuts.

Tens of thousands of good-paying airline jobs could be lost as soon as Thursday, as a federal prohibition on jobs cuts in the industry is set to expire. But hopes still remain for an 11th hour deal to avoid the cuts.