Dictator governors also have a hand in this.
They wanted to shut down the economy to hurt Trump’s re-election chances, they got a destroyed economy.
People don’t need to travel for business or pleasure when everything is shut down.
Now, the airlines are firing people. Expect many, many more to come. This is just the start. I get a weekly aviation industry report and it is looking dismal as the airline industry was expecting everything to be opened back up already, so they held off cuts. They can’t hold back cuts any more.
The old axiom " If you want to make a small fortune in the Airline business, start off with a big fortune." is as true as it ever was.
We have had all kinds of airline bankruptcies in this country, American and Delta come to mind. American is so risky it appears they can't get the big banks or anyone to loan them money because of the fear of another American Airlines bankruptcy.
But there is a group that will loan American Airlines money -that's you and me, and other Freepers. (as taxpayers via our Government)
Another economic fiasco in the offing-the Airlines. -Tom