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Old 16th Mar 2020, 19:07
  #167 (permalink)  
Airbubba
 
Join Date: Jun 2001
Location: Rockytop, Tennessee, USA
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U.S. airlines are going to the trough hoping for more than $50 billion.

From CNBC:

U.S. airlines are seeking government assistance of more than $50 billion, including a mix of direct aid and loan guarantees, as the industry reels from the coronavirus outbreak, a lobbying group that represents 10 U.S. passenger and cargo airlines said Monday.

The aid, if received, would be the industry’s first broad bailout since the wake of the Sept. 11, 2001 attacks. It is also the clearest sign yet of the financial damage coronavirus and the draconian measures governments are taking to stop it are having on American businesses.
https://www.cnbc.com/2020/03/16/us-a...-business.html

Airlines for America, the industry lobbying group formerly known as the Air Transport Association, looks like they could use a web page update:



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