Second Stimulus Package Airlines

Airlines 15 billion in new payroll assistance that will allow them to return more than 32 000 furloughed workers to their payrolls through march 31.

Second stimulus package airlines. Airlines will bring back more than 32 000 furloughed workers as part of the sweeping 900. The bill would also see that other struggling transportation sectors. After the second stimulus package was passed by both houses of congress airlines wasted no time taking their piece of the allocated payroll support program funds.

The funds set aside for airlines in the second stimulus package would help keep airline workers employed until the end of march. The new stimulus package would require. 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.

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. The overall stimulus package would be for 908 billion short of the 1 3 trillion cares act that was passed by congress in march. Southwest ceo gary kelly said the new stimulus package was smaller than anticipated only 15 billion compared with the previous 25 billion in aid.

This second stimulus has been delayed for four months now mostly by partisan bickering among. The highlight was policies for the aviation and tourism industry. Second stimulus bill would give airlines 15 billion more bring back 32 000 furloughed airline workers.

The ministry has recently sent the draft of the second stimulus package to relevant ministries and agencies for comments which included strong fiscal policies for vulnerable businesses and community groups. This new package is intended to cover four.