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Articles tagged “cares act”

Coronavirus

U.S. Relief Package Needs to Do More to Address Small Business Costs: Travel Industry Groups

If Congress doesn't address small business debt service obligations, employees run the risk of losing jobs and the company behind them.

U.S. Relief Package Needs to Do More to Address Small Business Costs: Travel Industry Groups

Airlines

Delta, JetBlue and Spirit Want To Cut More Flights Despite Bailout Requirements

It would be nice if the Department of Transportation made it easier for airlines to cut routes. But when crafting the CARES Act, Congress sought to ensure smaller communities would retain air service, so the DOT is in a tough position. It doesn't want to flout the desires of Congress.

Airlines

Why Are Airlines Adding So Many Random Connecting Flights? Blame the U.S. Relief Package

Airlines are reverting to old strategies, like so-called tag flights, to try to maintain service in an era of depressed demand. It is not a panacea, but it might help them conserve cash for a bit longer.

Coronavirus

Travel Groups Want More From Washington But Are They Asking Too Much?

Hotel groups continue to have a receptive audience in Washington regarding relief funds, but they will need to be careful not to overstep in asking for stimulus further down the recovery path.

Travel Groups Want More From Washington But Are They Asking Too Much?

Business Travel

U.S. Relief Package Fails Larger Corporate Travel Agencies: Travel and Transport CEO

Kevin O’Malley has joined forces with the biggest agencies in a new lobbying group, but with the virus escalating, it's not guaranteed they'll be able to bend the ear of Washington.

U.S. Relief Package Fails Larger Corporate Travel Agencies: Travel and Transport CEO

Coronavirus

U.S. Hotels Will Need More Than What’s in the $2 Trillion Relief Package: Industry Trade Group CEO

While the federal relief package aimed at protecting small businesses and workers during the coronavirus economic downturn passed with impressive speed, it isn't a hotel industry silver bullet. The measure is likely just a first legislative step in getting hotels back to performance levels needed to return tens of thousands of furloughed employees to their jobs.

U.S. Hotels Will Need More Than What’s in the $2 Trillion Relief Package: Industry Trade Group CEO