"And when a crisis like 9/11 or the coronavirus pandemic comes along, the airlines—which prefer to direct their profits to stock buybacks rather than rainy-day funds—need massive financial relief from the federal government.Read: Somehow, airline customer service is getting even worseDeregulation even failed to deliver the one thing it is sometimes credited with: lowering prices."
Read this story from "The Atlantic" for free without being tracked.
#theatlantic #banks #programs #SkyMiles #CongressFrom #CivilAeronautics #Airlines