The government is closing in on a $50 billion infusion of emergency aid to the airline industry in light of the extraordinary decrease in demand for air travel following the onset of COVID-19. While well intentioned, the proposed package is insufficient to ward off catastrophic airline failures. Many people reference the terrorist attacks of 9/11 as a basis of comparison …
Read More »Former American Airlines exec: $50B government infusion to the airline industry isn’t the answer
March 23, 2020