The State of Play on Airline Bailouts

SourceThe New York Times
SectorTransport
CountryMiddle east

DealBook Business and PolicyTime is running out.Credit...Charlie Riedel/Associated PressSept. 15, 2020Good morning. Amid all the other news and analysis in today’s edition, we have the inside scoop on how SoftBank’s $40 billion deal to sell the British chip designer Arm came together — check it out below. (Was this email forwarded to you? Sign up here.)Two weeks that could decide the future of the airline industryAirlines are staring down a Sept. 30 deadline that could determine winners and losers in the beleaguered sector. By then, they must decide whether to take out dilutive government-backed loans or try to raise funds in some other way. At the same time, all are coming to the realization that the rescue aid they’ve used to pay their idled workers will soon run out, and ...read more...