SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Airline Discussion Board -- Ignore unavailable to you. Want to Upgrade?


To: handyman who wrote (1298)8/13/2020 2:36:04 PM
From: Moonray  Read Replies (1) | Respond to of 1868
 
American Airlines prepares to cut service to small cities
Leslie Josephs

American Airlines is preparing to cut service to up to 30 smaller U.S. cities
this fall as the expiration of billions in federal aid requiring the flights nears
expiration.

Congress in March set aside $25 billion for airlines to weather the coronavirus
pandemic, which drove demand down to the lowest levels in decades. Airlines
like American, which accepted the aid, are prohibited from laying off workers
through Sept. 30 and must also maintain minimum service levels.

An American Airlines executive told CNBC that the carrier could make the
service cuts as early as next week for flights scheduled in the fall after the
aid expires. The changes haven’t been finalized.

Airline labor unions and executives are pushing for another $25 billion in
federal payroll support under the same terms as the first round. The proposal
that has gained bipartisan support in Congress and from President Donald
Trump but lawmakers and the White House haven’t reached a deal for a new
national coronavirus relief package that could include the airline aid.

o~~~ O



To: handyman who wrote (1298)8/14/2020 10:01:54 AM
From: Moonray  Read Replies (2) | Respond to of 1868
 
The pandemic is clearly on the decline: Message 32882855
If the airlines are to catch the rest of the market
they should start advancing from here.

Should we get a second wave of the virus this
fall, you can expect them to give up any gain
they see between now and then.

o~~~ O