Aviation Week - Karen Walker
Air Transport World Editor-in-Chief Karen Walker responds:
For a number of reasons, it is highly unlikely that any of the major U.S. airlines will cease operations.
First, the U.S. government has been among the world’s most supportive in terms of providing financial assistance to help airlines survive the COVID-19 crisis.
Second, the U.S. majors also entered the crisis as the world’s strongest, collectively, in terms of their cash balances.
Third, the U.S. domestic market is huge.
And fourth, even if their debt situation becomes precarious, the U.S. majors have the final option of seeking Chapter 11 bankruptcy protection...more
