Stimulus Package Update Airlines

Congress update bloomberg news december 16 2020 2 00 am est updated on december 16 2020 5 42 pm est.

Stimulus package update airlines. Photo c michael h getty images under the 900 billion covid 19 stimulus agreement reached sunday u s. Virus aid includes 17 billion for airlines. It would also carry the same stipulations that the stimulus package in march did.

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. President trump on sunday night signed a 900 billion stimulus bill into law avoiding a government shutdown after he demanded changes to the sprawling package and held up the legislation s. Workers furloughed from october 1 2020 will be recalled and given back pay from december 1.

The deal will. The new covid 19 stimulus package signed by president donald trump includes 15 billion for airlines. Airlines are scheduled to receive 15 billion in additional federal aid.

The federal money would go to cover payroll costs for employees at each airline that chooses to take aid. The legislation offers a wide range of help both for individuals and for struggling elements of the economy from mass.