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Major Airlines Change Strategy, Charge Fees and Boost Profits, Business and Industry Trends Analysis

Major airlines around the world are reeling from the devastating effects of the Coronavirus pandemic.  Around the world, governments that could afford to provide emergency funds to their airlines, as a functioning airline industry is vital to the overall economy. The U.S. airline industry promptly received $25 billion in federal government funding, in exchange for a pledge to maintain a high level of operations and employment through September 30, 2020.  A second round $15 billion in funding was allocated by the U.S. Congress in January 2021. According to the International Air Transport Association (IATA), global airlines lost a collective $126.4…

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