Best way to bail out airlines hit by the coronavirus impact on their business is still up in the air

Policymakers around the world are grappling with the question of how to save their airline industries as travel grinds to a halt in the face of the novel coronavirus pandemic.While there is consensus that some kind of assistance will be required in Canada, where Air Canada has already announced a temporary layoff of workers and both it and WestJet have grounded international routes, the form...