The second-ranking Senate Democrat on Thursday denied that Congress rescued airline shareholders by passing a $50 billion industry bailout last week., the largest emergency spending plan in U.S. history designed to limit the economic destruction from the coronavirus pandemic. Commercial airlines have seen a dramatic drop in customers as the outbreak proliferates.
"We've attached a lot of strings in terms of how this money's going to be spent and how these airlines are going to conduct their business after we see an end to this," Durbin told ""To say that we're rescuing shareholders — you know these stock prices are taking a beating and I don't think there's any rescue that's come through for these shareholders yet," he continued.
With the help of grants, the benefit would be all the regional couriers. Some regional couriers will consolidate, some will be lost like trans-state and compass... Planes will be distributed to regional carriers
They can sell stock. That is Capitalism. No more Socialism for losses.
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