Airline Stimulus Package Extension

More than 35 000 airline industry employees will be laid off from their jobs next week unless congress is able to pass an extension of the payroll support program psp in the coronavirus aid.

Airline stimulus package extension. Airline ceos and labor unions have lobbied hard for an extension of the cares act and president trump has indicated several times that he is supportive of a second aid package for airlines. Cares 2 as it is called today is an extension of the cares program to extend additional benefits to the airlines. 31 temporarily avoiding what housing advocates warned would be a dangerous.

Airlines will bring back more than 32 000 furloughed workers as part of the sweeping 900 billion economic stimulus bill that congressional leaders agreed to sunday. The airline industry says jobs are being held hostage while house and senate leaders bicker over the terms of a new aid package. More aid for the unemployed the hungry and those facing eviction.

The stimulus package passed by congress late monday includes an extension of a national eviction ban through jan. Individuals making up to 75 000 a year will receive a direct cash payment of 600 while couples making up to 150 000 will receive 1 200 on top of 600 for dependents under the. The airline and unions are also asking that the latest stimulus package include a clean six month extension of funding for the payroll support program which requires airlines to keep their.

Increased funding for vaccinations. The payroll support program a component of the cares act the 2 trillion bipartisan stimulus package signed in march gave airlines 25 billion to keep them afloat through coronavirus shutdowns.