Tuesday, September 29th, 2020
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Tag Archives: Airline rescue money

Airline CEOs plead with White House to avert massive looming U.S. job cuts

Flanked by other airline executives, American Airlines CEO Doug Parker speaks to reporters after meeting with White House Chief of Staff Mark Meadows in Washington, U.S., September 17, 2020. REUTERS/Kevin Lamarque

REUTERS, SEPTEMBER 17, 2020 WASHINGTON (Reuters) – White House Chief of Staff Mark Meadows met with major airline chief executives on Thursday as the industry braces for thousands of job cuts in two weeks, and urged lawmakers to embrace a $1.5 trillion coronavirus aid package proposed by a bipartisan congressional group and endorsed by President Donald Trump. Meadows told reporters …

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U.S. Airlines Face End of Business Travel as They Knew It

Airplane. Ruway. Two people in hazmat suits.

BLOOMBERG, JULY 20, 2020 Impact of virus threatens industry’s engine of sales, profit | Road warriors turn to video conferences while CEOs eye budgets By Mary Schlangenstein, Esha Dey, and Brian Eckhouse for Bloomberg U.S. airlines hammered by the catastrophic loss of passengers during the pandemic are confronting a once-unthinkable scenario: that this crisis will obliterate much of the corporate flying they’ve relied …

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Airlines appear to come up short in bid to win cash grants in rescue package

Alaskan airline plane taking off from an American airport

REUTERS, March 21, 2020 WASHINGTON/CHICAGO (Reuters) – A last-ditch effort by the chief executives of major U.S. airlines to try to win cash grants to weather the coronavirus crisis looked to be unsuccessful, four congressional aides and airline officials said late Saturday. Airlines had made a last ditch plea urging that $29 billion of $58 billion sought in assistance for …

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