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Month: <span>June 2020</span>

Coronavirus bailouts will cost taxpayers hundreds of billions of dollars – unlike past corporate rescues that actually made money for the US Treasury

June 19, 2020 flyforte

The U.S. government has now pledged almost US$3 trillion to save the economy and Americans from the coronavirus recession. Most…

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Filed under: Airline Industry, Bailout, Coronavirus, General Motors, Lockheed Martin, US Congress

Airline industry braces for lengthy recovery from coronavirus crisis

June 12, 2020 flyforte

SYDNEY/WASHINGTON (Reuters) – International seat capacity has dropped by almost 80% from a year ago and half the world’s airplanes…

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Filed under: Aviation, Coronavirus, Recovery

How The Airline Industry Will Transform Itself As It Comes Back From Coronavirus

June 5, 2020 flyforte

The world’s commercial airlines and other aviation businesses face significant financial stress and perhaps bankruptcy in the coming months from…

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Filed under: Airline Industry, Coronavirus, Transformation

Recent Posts

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