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US airlines facing ‘Thelma and Louise’ moment as government aid set to expire

US airlines are facing what one leading analyst calls a “Thelma and Louise” moment as the industry approaches a government-funding deadline that could decide its future. On 30 September a government aid packages used to protect workers expires, the airlines have already announced huge layoffs but what comes next could be even worse. “I don’t think people get the Thelma and Louise analogy here. The car is up to speed, it’s headed toward the cliff and we know what happens next because you’ve seen… ( More...

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