Airlines Could Take This Drastic Move As Demand Plummets
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March 31, 2020 - by Bill Peters for investors.com
With jet cabins nearly empty due to the coronavirus pandemic, the U.S. Transportation Department on Tuesday said airlines that receive assistance from the new stimulus bill would be allowed to consolidate some flights into a single airport.
Delta stock, United Airlines stock and other airline stocks rose.
The executives were reportedly considering asking the Transportation Department to allow bundling those flights together.
They hadn't yet formally done so as of Monday, CNBC said.
"Does it make sense for more than one of us to be flying to a city when there are only a few seats filled on each plane?" one executive told CNBC. "It may make more sense to maintain service to that city, but put all passengers on one plane."...