Stimulus News For Airlines

The new covid 19 stimulus package signed by president donald trump includes 15 billion for airlines.

Stimulus news for airlines. What the senate stimulus means for airlines. The bill would have provided a new round of 1 200 stimulus checks and continued enhanced. The president has pledged to help the airline industry 100 and amtrak will receive funding too.

Airline workers who have been temporarily furloughed are in for some good news. March 25 2020 8 11 pm cbs news. 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.

The 900 billion dollar stimulus package which is expected to be passed by congress and would still need president trump s signature is set to clear the way for thousands of dfw airline. House democrats had passed the 3 4 trillion heroes act in may largely on a party line vote. Article originally published at zero hedge.

Congress just reached a deal on a stimulus bill to bring back more than 30 thousand furloughed airline workers. The extension of the first round. With the latest 900 billion covid stimulus deal now done which unless the democrats win the georgia senate runoffs in 2 weeks will be the final covid stimulus bill according to goldman attention turns to what s actually in it.

28 the federal stimulus bill signed into law by president donald trump late sunday is expected to bring 15 billion in relief for airlines. Workers furloughed from october 1 2020 will be recalled and given back pay from december 1. 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.