Airline industry official defends response to pandemic Passenger airlines are already in line to receive up to $50 billion in taxpayer money to survive the pandemic, and they're asking for $25 billion moreThe airline industry has been shaken to its core by the pandemic, pushing some foreign carriers into bankruptcy and driving a few small U.S. ones out of business. In March, Congress and the White House gave them $25 billion plus access to another $25 billion in low-interest loans. Critics say giving them $25 billion more now is just another bailout. The first round of federal aid was supposed to keep airlines going until travel could recover. Are any of the big U.S. airlines going to wind up in bankruptcy?

Source: ABC News October 11, 2020 16:52 UTC