Airlines want to cancel rule requiring them to refund fares for canceled flights
Over the last decade, airlines spent 96% of their free cash flow buying back stock[1]. This improves the stock value for investors (and executives). Rather than requesting bailouts and rule changes, imo they should be selling that stock to raise capital.<p>[1]  <a href="https://www.bloomberg.com/news/articles/2020-03-16/u-s-airlines-spent-96-of-free-cash-flow-on-buybacks-chart" rel="nofollow">https://www.bloomberg.com/news/articles/2020-03-16/u-s-airli...</a>