Airlines are begging for a bailout, but they've used 96% of their cash on buybacks over the past 10 years. Their plight highlights an ongoing controversy over how companies have been spending their money.

Business Insider


· *The Trump administration has proposed $50 billion of emergency aid for airlines ravaged by widespread cancellations amid the coronavirus pandemic.*
· *But critics are deriding it as a bailout to an industry that made bad financial decisions.*
· *Resistance to the plan emerged among Democrats and even some Republicans....

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