Capitol Building
News:
This morning, President Trump has suggested an extension of the current bailout for the airline industry by $20 billion until Congress can compromise over a stalled overall coronavirus relief aid package. Should that suggestion be approved, a large number of airline furloughs could be averted.
The expiration of the current aid package yesterday had American and United, two of the big four US carriers announcing 32,000 furloughs, while Delta and Southwest have held off for now. Both American and United would reverse the furloughs if the compromise package was accepted. Approximately 13% of the workforces of the two carriers would be impacted.
Subscriber content – Sign in Monthly Subscription Annual Subscription
