Trump says airline industry is in 'good shape' despite 98% drop in bookings

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Trump says airline industry is in 'good shape' despite 98% drop in bookings
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President Donald Trump claimed that the airline industry is in 'good shape,' having been 'saved' by his administration, despite industry experts claiming otherwise.

President Donald Trump has claimed that the U.S. airline industry is in"good shape" amid the COVID-19 pandemic, despite the industry sustaining massive financial losses and receiving 98 percent fewer bookings than last year.

Trump made the remarks when concluding a meeting with Colorado Governor Jared Polis and North Dakota Governor Doug Burgum on Wednesday. The president suggested the industry was doing well when asked how Americans who may be reluctant to fly due to risks posed by the virus could increase their confidence to take to the skies.

"They have great confidence," Trump insisted."They have great confidence in us, and they have great confidence in the airlines. We've saved the airlines with 25 billion dollars and another 25 billion dollars and we have airlines that are now in good shape." "I mean, obviously they're going to pick up with the fares and with the seats," added Trump."But the airline industry is in good shape. We've been able to save the airline industry... so they're in good shape."

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