Business Services
Airlines Look to Cut Flights to Small Cities if Federal Funding Expires: Business Casual
The air travel industry took an enormous hit as a result of the coronavirus pandemic. The government rushed to their aid with $50 billion dollars in March, and the airlines managed to continue service. But the air travel industry has hardly bounced back over the Summer, and the pandemic aid is fast approaching expiration on…
The air travel industry took an enormous hit as a result of the coronavirus pandemic. The government rushed to their aid with $50 billion dollars in March, and the airlines managed to continue service. But the air travel industry has hardly bounced back over the Summer, and the pandemic aid is fast approaching expiration on September 30.
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An anonymous American Airlines official cautioned that some cities may start losing service as early as next week, reported the New York Post. While airline labor unions lobby for additional aid, Congress is faced with the encroaching decision to support America’s struggling air transportation industry. Daniel Litwin & Tyler Kern discuss the implications of this potential abandonment of smaller markets on this snippet from Business Casual.
