View this post on Instagram Delta CEO Ed Bastian said Wednesday he doesn't believe any U.S. airline will go out of business because of the coronavirus pandemic, thanks to assistance from the Trump administration and federal lawmakers. "Internationally, we are seeing some airlines going out of business," Bastian told Fox Business' @MariaBartiromo. "But in the U.S., I give primary credit to the president, the administration, leaders on the Hill. They were able to pass the CARES Act, and within the airline industry we had the payroll support program, so as an industry we received $25 billion to keep our employees in place." The U.S. Treasury has given airlines $25 billion in cash grants to keep workers employed during the outbreak. Go to the link in our bio for more on this story. (via @morningsmaria)A post shared by Fox Business (@foxbusiness) on May 20, 2020 at 8:30am PDT
Delta CEO Ed Bastian said Wednesday he doesn't believe any U.S. airline will go out of business because of the coronavirus pandemic, thanks to assistance from the Trump administration and federal lawmakers. "Internationally, we are seeing some airlines going out of business," Bastian told Fox Business' @MariaBartiromo. "But in the U.S., I give primary credit to the president, the administration, leaders on the Hill. They were able to pass the CARES Act, and within the airline industry we had the payroll support program, so as an industry we received $25 billion to keep our employees in place." The U.S. Treasury has given airlines $25 billion in cash grants to keep workers employed during the outbreak. Go to the link in our bio for more on this story. (via @morningsmaria)
A post shared by Fox Business (@foxbusiness) on May 20, 2020 at 8:30am PDT
