Senate GOP coronavirus bill aids U.S. transit, airports but loans not cash for airlines
Monday, 23 March 2020 () A Senate Republican coronavirus stimulus package would provide financial aid to U.S. airports, transit systems and passenger railroad Amtrak, but $50 billion for struggling U.S. airlines would be a loan not a cash payout, according to a copy of the proposal seen by Reuters.
The U.S. Senate on Wednesday passed a $2 trillion bill aimed at helping Americans hurt by the coronavirus epidemic. The bill will also extend aid to industries, as well as providing billions of dollars to buy medical equipment. According to Reuters, the bill was passed by a 96-0 vote following...
Sunday, American Airlines reduced the number of flights out of New York area airports due to the increasing number of coronavirus cases. Under this new reduced schedule, the airline will operate only..
DALLAS (AP) — The Treasury Department wants airlines to say how they will compensate the government for $25 billion in grants used to keep employees on the... Seattle Times Also reported by •Reuters •Newsmax
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