New Stimulus Bill Airlines

The latest stimulus bill passed by congress includes 15 billion in payroll protection for u s. The stimulus bill making its way through congress will give us airlines 15 billion in payroll aid to help them bring back more than 32 000 workers sidelined by the pandemic according to skip to. Airlines tap new payroll support funds the treasury department has already disbursed a sizable chunk of the airline payroll support funding authorized under last month s stimulus bill.

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Dec 21 2020 at 2 51 pm 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.

New stimulus bill airlines. Us lawmakers reportedly earmark 17b for airlines in new coronavirus stimulus package us lawmakers in washington dc have submitted a bi partisan relief package worth 908 billion to extend. Airlines get what they need although 10 billion less than requested. The details of the cares act bill 2 courtesy.

The math is alarming especially considering that many americans actually suffering will receive a pittance. Like the first cares act a condition of the money includes not involuntarily furloughing. 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.

Congress has a deal on a new stimulus package. After 10 long months the u s. The us congress has just handed us airlines 15 billion in so called payroll support as part of a new 900 billion stimulus bill.

Furthermore air carriers who take the money need to reinstate all furloughed staff laid off after oct.

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