Daily Memo: Downturns Hit Airlines Hardest, And Some Are Calling For Change

Aviation worker assembling jet plane
Credit: Bernd Vogel / Getty Images
Airlines are on track to lose $50 billion in 2021, and more than $200 billion in 2020-2022 combined. The reason, of course, is a historically awful demand environment that turned the air transport business upside down. The financial pain is not exactly evenly distributed, however. Many large...

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