U.S. airlines are flying into stress-test airspace – ZAWYA

  • Date: 30-Jun-2020
  • Source: Zawya
  • Sector:Transport
  • Country:UAE
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U.S. airlines are flying into stress-test airspace – ZAWYA

U.S. airlines are flying into stress-test airspace | ZAWYA MENA Edition HomeBusinessArticleU.S. airlines are flying into stress-test airspace Air carriers that enable global commerce and travel are finding ways around a near-impossible business environment    American Airlines aircraft are parked at Ronald Reagan Washington National Airport in Washington, U.S., August 8, 2016.(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.)DALLAS  - U.S. airlines are flying in regulatory skies that are far too friendly. Government-backed bailouts of American Airlines, Delta Air Lines and others have effectively branded the industry systemically essential. But Washington has only imposed temporary restrictions in return for taxpayer aid.Air carriers that enable global commerce and travel are finding ways around a near-impossible business environment. American said on Friday that "customers may notice that flights are booked to capacity starting July 1,“ while it ramps up cleaning. Thanks in part to being propped up by backstops from the Federal Reserve, United Airlines, American, Delta and others have raised cash from both debt and equity investors in the past several weeks.DALLAS  - U.S. airlines are flying in regulatory skies that are far too friendly. Government-backed bailouts of American Airlines, Delta Air Lines and others have