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No easy answers for US airlines as staff furloughs loom large

Analysis

In order to avoid massive industry furloughs on 01-Oct-20, US airlines and labour groups have been engaged in an intense lobbying effort to expand payroll support, and the likelihood of the country's Congress actually passing the necessary legislation for more funding is fading fast.

There are arguments for and against an extension of the support - delaying the inevitable, versus swelling the ranks of US employment numbers, which will further create a drag on the country's economy.

But the debate over the pros and cons of additional payroll support is likely to be over soon as inaction by the Congress renders the discussion irrelevant.

And if even if airlines can buy more time with additional payroll support, no one can predict how the industry will look in Mar-2021 when the proposed funding would expire.

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