Airlines Plan for Prolonged Coronavirus Travel Drought - News Summed Up

Airlines Plan for Prolonged Coronavirus Travel Drought


U.S. airlines expect it will be years before their business recovers from the coronavirus pandemic, even after pulling together over $100 billion by tapping government aid and mortgaging assets including planes and frequent-flier programs. Carriers have said they likely have enough cash to withstand a prolonged downturn. But passenger demand will be depressed for years, chief executives of United Airlines Holdings Inc. and Delta Air Lines Inc. said this week. Airlines...


Source: Wall Street Journal October 16, 2020 11:37 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */