U.S. airlines collectively hope to reach a breakeven point by the end of the year, but even with public aid and severe austerity measures, barring another round of grants, their precarious condition means they won’t be able to retain thousands of employees needed to scale operations when the economy picks up, industry officials said Tuesday.
Domestic carriers are currently burning an estimated $150 million of cash per day, with analysts projecting negative cash flow of $90 million per day in the...
https://www.freightwaves.com/news/airlines-pilots-plead-for-more-federal-aid-to-retain-workers
