U.S. Airlines Draft Plans for Passenger Flights Shutdown: WSJ

(Bloomberg) -- U.S. airlines are drafting plans for a potential voluntary shutdown of virtually all passenger flights as government agencies also consider ordering a similar move, the Wall Street Journal reports, citing unidentified industry and federal officials.

• No final decisions have been made by the airlines or White House, but airlines would generally favor a government order, WSJ cites an industry official familiar as saying
  • Voluntary shutdown could violate some labor contracts that stipulate minimum flights
• President Trump and advisers reluctant to stop commercial flights in part because passenger jets also carry a large portion of mail and cargo shipments
• Trade association Airlines for America, White House and Pentagon officials didn’t immediately for comment: WSJ

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