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US Airlines Await Critical Aid Deal

Mariama Diallo

   WASHINGTON - Losses are mounting for the U.S. airline industry as the
   coronavirus pandemic continues to wreak havoc'¯on the economy and hope
   dims for an immediate'¯government aid'¯package.'¯'¯

   Karl Moore, associate professor at Desautels Faculty of Management at
   McGill University, says, "We're looking at flights being down in the
   area of 90% less in March and April than they were the year
   before.'¯So,'¯it's a time of enormous crisis. And there are hundreds of
   thousands of people who work in the airline industry."'¯

   For now, combined third-quarter losses for American, United, Delta,
   Southwest and Alaska Air have exceeded $11.5 billion. The industry's
   downturn dwarfs previous crises such as SARS and the September 11
   terrorist attacks of 2001, Moore says.

   WATCH:US Airlines Await Critical Aid Deal

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