Listen now (4 min) | This installment of The Pomp Letter is free for everyone. I send this email to our investors daily. If you would also like to receive it every morning, join the 45,000 other investors today. To investors, The airline industry was bailed out to the tune of approximately $50 billion by the federal government. The goal of this money was to help companies retain workers and prevent even greater levels of unemployment. As you would expect, the federal relief came with specific rules that each company had to follow in order to be eligible for the funds.
[NEW POST] The Airlines Have Officially Fleeced The Government Twice In The Airline Bailouts
Someone needs to call out this nonsense. These companies should be required to give the money back and then left to fend for themselves.