CNBC: Consolidating flights to US cities could help stem airline industry losses
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CNBC: Consolidating flights to US cities could help stem airline industry losses
U.S. airlines and the Department of Transportation may soon have to consider consolidating service to dozens of cities around the country in a bid to help carriers cut losses, several airline industry executives told CNBC.
Executives with U.S. airlines are expected to meet with leaders of the Transportation Department this week to discuss the state of the industry following approval of a $50 billion bailout package.
Executives with U.S. airlines are expected to meet with leaders of the Transportation Department this week to discuss the state of the industry following approval of a $50 billion bailout package.