Massive State Support Gives Selected Airlines Lifelines

taxiing aircraft
On May 26, LATAM Airlines became the latest high-profile commercial aviation victim of the coronavirus crisis.
The airline industry, particularly in the U.S. and Europe, likes to complain that governments are not paying enough attention to its needs even in normal times, and that unfair burdens such as high taxes, onerous consumer protection rules or growing pressure from environmentalists hamper it. But...

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