Airlines Have the Cash. Now They Need Passengers.


U.S. airlines succeeded in getting billions of dollars of federal aid, but it will only buy them a few months: Their survival depends on how quickly passengers return when coronavirus-driven restrictions ease.

The Treasury said late Tuesday that it had struck an agreement in principle with 10 major airlines to distribute $25 billion in payroll assistance that Congress approved in the $2.2 trillion federal stimulus package last month.

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