DAILY MEMO: The Case Against Extending The U.S. Payroll Support Program
Credit: American Airlines
Airline industry watchers were broadly supportive of the U.S. government's Payroll Support Program (PSP) when it was passed by Congress as part of the CARES Act, hailing it as a vital lifeline to help U.S. carriers survive what was expected to be a temporary demand shock. But nearly five months...
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