Experts Say Most Airlines Could Go Bankrupt by May, as CEOs Take Pay Cuts and Others Make Layoffs

México Noticias Noticias

Experts Say Most Airlines Could Go Bankrupt by May, as CEOs Take Pay Cuts and Others Make Layoffs
México Últimas Noticias,México Titulares
  • 📰 people
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

As demand for flights continues to plummet, airlines are taking extreme measure to keep from going under

“There may be specific industries that are highly impacted by travel and have issues with lending,” Mnuchin added, suggesting, “Loan guarantees are a very effective way of making sure the government is paid back without putting the government at risk.

“We’ll be making more critical decisions on our response in days to come. The situation is fluid and likely to be getting worse,” said Bastian in a Norwegian Airlines, meanwhile, announced that it would be temporarily laying off 90 percent of its workforce.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

people /  🏆 712. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

U.S. internet well-equipped to handle work from home surge, experts sayU.S. internet well-equipped to handle work from home surge, experts sayThe U.S. internet won’t get overloaded by spikes in traffic from the millions of Americans now working from home to discourage the spread of the new coronavirus, experts say.
Leer más »

Coronavirus may delay wedding dresses but don't panic, industry experts sayCoronavirus may delay wedding dresses but don't panic, industry experts say'I don’t want to tell any woman that she doesn’t have the right to worry about her wedding gown, but ... it’s not like a heart-lung machine that you need,' a dress manufacturer said.
Leer más »

What is social distancing? This practice is key to slowing the coronavirus, public health experts sayWhat is social distancing? This practice is key to slowing the coronavirus, public health experts sayCanceling events. Closing schools. Avoiding crowds. Staying home. All of these actions have one goal in common, and it can help prevent the spread of the...
Leer más »

Cruise passengers under coronavirus quarantine say they lack food, basic medical attentionCruise passengers under coronavirus quarantine say they lack food, basic medical attentionAt 3 military bases where Grand Princess evacuees were taken, passengers recount a different reality than the president&39;s "tremendous success" message
Leer más »

Kamala Harris would make the best vice presidential candidate, voters say in pollKamala Harris would make the best vice presidential candidate, voters say in pollAndrew Yang received the second highest level of support from respondents.
Leer más »

Cruise passengers under coronavirus quarantine say they lack food, basic medical attentionCruise passengers under coronavirus quarantine say they lack food, basic medical attentionCruise ship passengers under federal coronavirus quarantine say they are lacking food, medical attention and are being housed in unsanitary conditions, contradicting Trump's claims that getting them off the GrandPrincess was a 'tremendous success.'
Leer más »



Render Time: 2025-04-06 03:50:09