Airline Stimulus Update Today

The 900 billion covid 19 stimulus package is up in the air after house republicans rejected us president donald trump s demand to raise direct payments to americans.

Airline stimulus update today. Dec 21 2020 at 2 51 pm. Congress just reached a deal on a stimulus bill to bring back more than 30 thousand furloughed airline workers. A 1 400 third stimulus payment not 2 000.

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. With a sharp drop. 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.

Follow us for breaking news and latest updates. Airline workers who have been temporarily furloughed are in for some good news. The federal stimulus bill signed into law by president donald trump late sunday is expected to bring 15 billion in relief for airlines.

15 to make the second round of payments of 600 to eligible americans that congress approved at the end of 2020. More than 30 000 airline workers face layoffs as stimulus expires. President elect joe biden disclosed plans for a 1 9 trillion stimulus package designed to counter the worsening covid 19 pandemic and support the sinking economy.

Pelosi mnuchin signal openness to 25b bailout for us airlines after trump reverses course on stimulus us airlines began cutting 35 000 jobs last week following the expiration of a 25b bailout fund. Whether a third stimulus check happens or not and which form it could take is up to congress. Dallas based southwest airlines the second largest carrier.

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