Second Stimulus Package For Airlines

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. This new package is intended to cover four. Second stimulus bill would give airlines 15 billion more bring back 32 000 furloughed airline workers.

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Airlines will bring back more than 32 000 furloughed workers as part of the sweeping 900.

Second stimulus package for airlines. This second stimulus has been delayed for four months now mostly by partisan bickering among lawmakers and partly when congress shut down for the national election. Across u s based carriers the additional bill for employee funds is expected to exceed 11 billion. 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. Airlines take over 11 billion in payroll support from second stimulus 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.

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