The airline industry is facing its biggest crisis since the September 11, 2001 attacks. On 16th of March, 2020 global airline alliances (oneworld, SkyTeam and Star Alliance) jointly called on governments for support during COVID-19 pandemic.
U.S. airlines will receive bailout
And on 27th of March, 2020 President Donald Trump signed $2 trillion coronavirus stimulus bill and U.S. airlines will get almost $60 billion from that stimulus package. Bill prohibits layoffs, stock buybacks, and dividends.Continue reading U.S. airlines will receive almost $60 billion bailout from coronavirus stimulus bill