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US value airlines look for inflection point, but uncertainty abounds

Analysis US value airlines are joining their larger counterparts in believing an inflection point in demand could occur in the back half of 2021 as vaccine distribution and administration becomes more widespread.  Alaska is declaring that it will be moving towards a sizeable restoration of 2019 capacity by the US summer travel season, while JetBlue and Southwest have not offered any projections for that same period. A potential added layer of uncertainty is emerging as reportedly the US govern...
United States Gary Kelly Ben Minicucci David Clark Andrew Harrison Joanna Geraghty

House Democrats draft coronavirus relief legislation includes $15B for U.S. airlines

House Democrats' draft legislation for the next coronavirus relief package includes $15 billion for U.S. airlines, a contrast from President Biden's original $1.9 trillion proposal, which included no funds for airlines. The $15 billion will go to extending the Payroll Support Program (PSP) for airline workers through Sept. 30, giving $14 billion to support workers of air carriers and $1 billion for workers of eligible contractors. The program...
Sara Nelson House Financial Services Committee Association Of Flight Disaster Relief Fund Infrastructure Committee Payroll Support Program
Source: msn.com

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