Pumping Traffic for October 7, 2020

#INTHEAIREVERYWHERE

Vol. 19 No. 66	Wednesday October 7, 2020

Pumping Traffic for October 7, 2020

Hair on fire media meltdown in America with the virus finally landing at 1600 Pennsylvania Ave. Immediate effect saw markets shaken, not stirred by the end of Friday. The news of the COVID-19 attack on the sitting U.S. President clouded to some degree attention from the leading U.S. airlines getting stimulus relief, thereby averting massive layoffs in the U.S. that reportedly would have seen AA & UA furlough up to 32,000 jobs. The carriers said if they get the bailout from the U.S. Government (that may have happened, we hope by the time you read this) it could reverse that draconian course.
Tornado Alley

The United States Treasury Department has offered loans to seven major airlines: Alaska, American, Frontier, JetBlue, Hawaiian, SkyWest, and United.
The Treasury was authorized by the CARES Act to make affordable loans valued at up to a total of $25 billion to the airlines. The goal is to provide the companies with enhanced liquidity, and each airline is entitled to receive up to $7.5 billion in funding, as long as they comply with certain conditions.

  Last week South African Airways was grounded, reporting a massive debt load in excess of $500 million and a sagging tourist and business trade during the pandemic.
  Unemployment in South Africa during the pandemic has risen dramatically to a staggering 42%, according to statistics released last week.
  To make matters worse, SAA is currently the subject of a state investigation into wide-ranging allegations of corruption, fraud and mismanagement during former President Jacob Zuma’s time in office . . .

If You Missed Any Of The Previous 3 Issues Of FlyingTypers Access complete issue by clicking on issue icon or Access specific articles by clicking on article title
Vol. 19 No. 63 Ethel Aviation Guiding Light Chuckles for September 21, 2020 Helicopter Lady China is Once in the Future Letters to the Editor	Vol. 19 No. 64 Why CNS Partnership? Letters to the Editor Will IATA take CNS down?	Vol. 19 No. 65 Readers Write About CNS Chuckles for October 2, 2020 Virgin Exportese Adds Milano and Pakistan More Homemade Freighters QR Cargo Lands Kirsten Pandemic Delayed Dispensary

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