Airlines remain under financial pressure as the coronavirus-caused travel slump worsens. New numbers out Tuesday show a sharp decline in business travel, which has an outsized impact on airline profits, industry analysts told your host.
The airlines are faulting the media for causing “confusion and uncertainty across the country,” and insisting it’s still safe to fly. The travel industry is also warning of major harm to the U.S. economy and asking Americans to make “calm, rational, and fact-based decisions” about their travel.