How the coronavirus pandemic disrupted the booming air travel industry

The new golden age for airlines could be ending thanks to the spike in worldwide cases of COVID-19. A drop in crude prices would normally be a positive for airlines. However, border closings, event cancellations, and the potential for travelers to end up quarantined could cause a cascade of failures throughout the aviation industry. Now, major US airlines say they need a massive bailout from Congress to avoid laying off scores of workers.
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Wed, Mar 25 20203:28 PM EST