Airlines Seek Sweeping Bailout – CFO

Joseph B. Hash

The field team Airlines for The us is requesting an help bundle from the federal authorities in the form of financial loans, grants, and tax aid that could complete about $50 billion.

The help ask for marks a big escalation for the field as it promotions with the financial fallout of the unfold of the new coronavirus.

“U.S. carriers are in have to have of immediate help as the current financial ecosystem is only not sustainable,” the team stated in a assertion. “This is compounded by the actuality that the disaster does not seem to have an end in sight.”

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