White House u-turns see freighters flying but keep logistics players on their toes
Small businesses in the US will be breathing a (small) sigh of relief following the ...
© Rafael Ben Ari
By Alex Lennane
Crain’s Chicago Business has published an interesting analysis of the US airline bailout programme. Author Timothy Massad, senior fellow at the John F Kennedy School of Government at Harvard University, questions the sums handed over by the US taxpayer to investor-backed businesses. He notes that just one day after receiving $5bn in assistance from the US Treasury, United sold $1bn of common stock. Similarly, Delta said it would raise $3bn selling secured debt.
“The aid to air carriers is particularly good ...
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