Elliott Confidential

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Elliott Confidential
Elliott Confidential
Hey airlines, we want our $80 billion back now!

Hey airlines, we want our $80 billion back now!

The federal government threw airlines a lifeline after the pandemic started. Did the airlines throw a party?

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Christopher Elliott
Nov 07, 2021
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Elliott Confidential
Elliott Confidential
Hey airlines, we want our $80 billion back now!
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When American Airlines canceled thousands of flights last weekend and blamed weather and staffing problems, maybe you wondered how that could happen. I did.

I mean, didn't American taxpayers give domestic airlines $80 billion to stay fully staffed? The money allocated for airlines under the CARES Act was meant as financial assistance for employee wages, …

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