"With air travel slowing dramatically amid the coronavirus pandemic, U.S. airlines could run out of money to pay their obligations by the end of this year, or by midyear in a worst-case scenario, an industry group stated Monday, calling on the federal government to extend $58 billion in grants and loans to tide them over.
In a pessimistic forecast in which access to outside sources of cash dries up, Airlines for America estimates that its members’ liquidity could fall to a negative $14 billion by the end of 2020, and could potentially go negative by June 30 if airlines’ credit card partners begin to withhold cash from sales to protect "
forbes.com/sites/jeremybogaisky/2020/03/16/us-airlines-warn-they-could-run-out-of-money-by-june-30-plead-for-58b-in-government-aid/#637eba767f74