International air passenger volume still down 96.8%.
Folks started driving again – including those who used to take mass-transit. But jet fuel demand is still in collapse-mode. And overall consumption remains way down.
Flattened-out fish-hook-shaped recovery of demand?
It wants to know: Why was YRC even bailed out? And why was the taxpayer put at so much risk? What’s going on here?
Confirming early warnings by United and Delta of re-declining ticket sales. V-Recovery has to wait in line. Airline shares down 3.7% intraday.
Was June as Good as It’s Going to Get in the Pandemic Era?
Shrinkage in survival mode instead of V-shaped recovery. “It will be more than two years before we see a sustainable recovery”: CEO.
Dogged by everything from bloated costs to corruption.
“Increase in Covid-19 cases negatively impacting industry demand”: United
The AMLO government, which has refused to bail out shareholders and bondholders of large companies, could be on to something: A form of capitalism where investors, not taxpayers, carry the risks.