Jump to content

The future of airlines


Recommended Posts

COVID Carnage Continues in US Airline Sector



on Thursday .... two of America's biggest airline companies , American and Southwest , posted their biggest-ever annual losses and indicated a need for new aid in addition to the billions already provided in 2020. A third, smaller airline, JetBlue Airways also posted a quarterly loss on Thursday in a day of red ink for the sector.


In December, US airlines received a $US15 billion government aid package for payroll costs through March, the second such program since the coronavirus swept over America in march and April.


That took the total for the year for the airline sector to a massive $US40 billion and has enabled them to hang on to more than 40,000 employees who otherwise might have been sacked. As it is the sector has already laid off tens of thousands of staff......

Link to comment
Share on other sites

  • Replies 70
  • Created
  • Last Reply

Top Posters In This Topic

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...