The $50 billion airline bailout passed by the Senate will help keep the airlines alive, but it won't solve the industry's most severe crisis in its history.
Only passengers can do that."We have an airline industry right now that is flying empty planes," said airline consultant Mike Boyd."This isn't going to save the industry unless we get back in business of flying people."From April through June of last year alone, US airlines' revenue totaled $64.4 billion, according to Transportation Department data. But it is getting only a small fraction of that revenue stream right now.
Airlines receiving bail-out $ or loans should be nationalized; US taxpayers should not be paying exorbitant salaries of multimillionaire airline execs; Airlines clamored for de-regulation- fares increased, service decreased-seats got smaller-more to plane. Taxpayers raped again
Why do we need airlines we dont need to travel. They could of gave every American $1,000,000 usd and that would have been less than $500,000,000usd than give the airlines their bailout. Imagine that!
How do people get to Trump resorts and golf clubs? Fly.
Thoughts and prayers. Focus on the workers.
Haliburton and Raytheon is getting bailed out too