U.S. airlines expect it will be years before their business recovers from the coronavirus pandemic, even after pulling together over $100 billion by tapping government aid and mortgaging assets including planes and frequent-flier programs.
Carriers have said they likely have enough cash to withstand a prolonged downturn. But passenger demand will be depressed for years, chief executives of United Airlines Holdings Inc. and Delta Air Lines Inc. said this week.
I’m old enough to remember when airlines were craven enough to float this “cram them in tighter” design. How things change.
Don’t change nothin. All sudden we trying to flip 50 years of progress overnight.
good
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