Categories: Business

Airways on Monitor to Obtain $ 15 Billion in Federal Help

A person walks at Reagan National Airport prior to Thanksgiving in Arlington on November 25, 2020.

Hannah McKay | Reuters

U.S. airlines are well on their way to raising $ 15 billion in federal aid to pay workers under the latest bipartisan coronavirus stimulus package, according to people familiar with the matter.

As part of the new relief round, the airlines would have to recall more than 30,000 workers who were on leave this fall.

The March CARES bill had allotted $ 25 billion to airlines on condition that they maintain the minimum service and keep workers on payroll through September 30th.

The additional support to the struggling sector that Reuters previously reported would keep airline workers on payroll through March.

Jimmy Page

MV Telegraph Writer Jimmy Page has been writing for all these 37 years.

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