The Trump administration needs to form an aviation task force immediately to rescue the airlines and Boeing from the coronavirus collapse
The US airlines and now Boeing are signaling that they need a bailout as the COVID-19 coronavirus outbreak ravages their businesses.
The Trump administration, with congressional support, needs to form an aviation task force immediately to rescue this critical American industry.The major US airlines — Delta, American Airlines, United, and Southwest — need a bailout and they need it fast. The second-tier is also in trouble, as the COVID-19 coronavirus is effectively emptying the skies.
But even as US sales plunged to 10 million vehicles in '09, the plants continued to operate, and people were able to leave the house to buy or lease a new car. Trump himself probably doesn't have the ability to manage this, so the job falls to Treasury Secretary Steve Mnuchin, who should have Rattner on the phone yesterday. Mnuchin should be able to get support from House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer, both of whom weathered the 2009 crisis and the automaker bailouts.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Coronavirus, By Taking Moviegoing Away From Us, Can Only Make Us Miss It (Column)For those who work in the motion-picture industry, the coronavirus must feel like a crisis coming on the heels of an earthquake — a disruption built on a disruption. The toll that it’s about …
Read more »
US tourist attractions, once-crowded places emptied amid coronavirus - Business InsiderMajor US attractions including Disneyland and the Smithsonian museums have closed down as the country rushes to contain the spread of the coronavirus.
Read more »
Coronavirus: What it's like to fly in the US during the outbreak - Business InsiderFlying out of JFK Airport's busiest terminal was an eerie experience: it was nearly deserted, and about half the travelers were wearing masks.
Read more »
Coronavirus Pandemic Prompts U.S. Agency of Last Resort to Gear UpThe Department of Veterans Affairs is preparing in case it needs to take on its little-known role as the nation’s backup health-care system, a job that gained urgency when a national emergency was declared over the coronavirus pandemic.
Read more »
Mitt Romney Proposes Giving U.S. Adults $1,000 to 'Help Fill the Gaps' During Coronavirus Pandemic'Every American adult should immediately receive a one-time check for $1,000 to help ensure families and workers can meet their short-term obligations and increase spending in the economy,' Romney said Monday
Read more »
Photos: See How Coronavirus Has Left U.S. Cities Eerily DesertedCoronavirus pandemic fears have kept people from some of the busiest places in the U.S.
Read more »