U.S. airlines burn through $10 billion a month as traffic plummets

U.S. airlines are collectively burning more than $10 billion in cash a month and averaging fewer than two dozen passengers per domestic flight because of the coronavirus pandemic, industry trade group Airlines for America said in prepared testimony seen by Reuters ahead of a U.S. Senate hearing on Wednesday.

from Reuters: U.S. https://ift.tt/2ynUNxr
via IFTTT