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In just a few weeks, U.S. airlines that accepted federal aid will be free to start cutting jobs, but carriers and affected labor unions continue to push for more financial support amid rising numbers of layoff and furlough notices. Although airline demand is showing signs of rallying, the strong bounce-back needed to render the Payroll Support Program (PSP) sufficient is not happening. U.S. airline passenger volume is down 70%, Airlines for America figures show, and near-term prospects point to only modest improvements. Accessexclusive subscriber-only in-depthcoverage as airlines eyeing their bottom lines are cutting costs, even as they push for more federal money. Plus every subscriber has access to our eBook library, featuring updates in supersonics, manned and unmanned innovation in aviation, the renaissance of high-speed air travel, the legends behind the world's first wide-body jet, emerging technologies making their way into the MRO market, technological developments for new satellites & the next generation of space start-ups and the most pressing issues facing military pilots today. Subscribe today and receive all of this plus exclusive online access at aviationweek.com | SUBSCRIBE NOW | |
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