Airline salaries compared to stock buybacks show why so many people are angry at the bailout

  • 4 years ago
Many airlines spent billions of dollars on their own stocks over the past decade, and are now receiving almost $60 billion of aid from the US government. The airlines say the help is necessary to keep paying their employees, but in some cases, the total buyback amounts over the years could have covered employee salaries during the COVID-19 coronavirus pandemic.

Recommended