U.S. airline execs will meet with the Transportation Division to debate potential changes across the $50B bailout bundle, in keeping with CNBC sources.
Underneath the phrases of the bailout, airways aren’t allowed to furlough staff for six months and have to take care of service to the at present served cities.
Execs are contemplating consolidating passengers to satisfy the service requirement because of the small variety of passengers through the coronavirus pandemic.
Every provider would promote tickets for a similar route, however the passengers could be positioned on one airplane.
The thought nonetheless wants Trump administration approval and for the airways to agree on specifics like price sharing.
Associated tickers: Delta (NYSE:DAL), United Airways (NASDAQ:UAL), American Airways (NASDAQ:AAL).