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American Airlines Shouldn’t Have Been Bailed Out
Widespread worker shortages are making their presence felt across the American economy, and some air travelers are feeling the brunt of that. On the latest Pivot podcast, Kara Swisher and Scott Galloway discuss the case of American Airlines, which, despite a federal bailout, finds itself in a similar situation as many other businesses. (nymag.com) Plus d'info...
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If American airlines had used the Federal stimulus money for what it was intended, namely, maintaining as many employees as possible, it was reported by various sources they used the money to buy new aircraft. They now have the aircraft, but not enough pilots to fly them. What management!
