Daily Memo: Ascending The Demand Plateau
Credit: FAA
The U.S. airline industry couldn’t survive another quarter like the 2020 second quarter (Q2). Taken together, the country’s four largest carriers lost around $10.3 billion in Q2, compared to combined profits of close to $12 billion in all of 2019. Even deducting the $2.5 billion in one-time expenses...
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