New Stimulus Package For Airlines
This new package is intended to cover four.
New stimulus package for airlines. New stimulus package proposal calls for 17 billion for airlines. American airlines fell to a loss of 2 4bn. In addition to airline aid the new stimulus package includes 1 billion for airline contractors 2 billion for airports and concessionaires 14 billion for transit 10 billion for state.
Beefed up stimulus payments the plan calls for sending another 1 400 per person to eligible recipients. A new bipartisan covid 19 relief package would include 17 billion for the struggling airline industry a spokeswoman for senator mark warner said tuesday according to reuters news service. Aside from airlines the stimulus will include 1 billion to the amtrak railroad 14 billion for public transit systems and 10 billion for state highways.
Southwest ceo gary kelly said the new stimulus package was smaller than anticipated only 15 billion compared with the previous 25 billion in aid. It is also expected to include significant changes to how the federal aviation administration certifies new airplanes following two fatal boeing co 737 max crashes that killed 346 people. 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.
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. Us airlines laid out the continued cost of the coronavirus pandemic today as the wait for a new stimulus package from federal authorities went on.