U.S. airways lose large, gambling business hassle

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Just how bad was 2020 for the airline industry? The six biggest U.S.
airlines lost $34 billion, and Southwest suffered its first full-year loss since Richard Nixon was president and gasoline sold for 36 cents a gallon. It was a disaster for airlines, and some small carriers didn’t survive it. The new year is off to a grim start. Southwest, American and JetBlue reported that they lost a combined $3.5 billion in the final three months of 2020. All issued dismal revenue outlooks for the current quarter.

The gambling industry wants additional financial aid from the next round of coronavirus stimulus legislation, and promises to fight new or higher taxes on its operations. The American Gaming Association also wants temporary liability protections as it continues to reopen amid the virus outbreak, and would like to see federal stimulus of tourism, including meetings and conventions.

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