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Published 4 years ago

U.S. airlines to make urgent call for new bailout ahead of October 1 job cuts

Summary by Reuters
Major U.S. airlines plan to make a last-ditch bid to persuade Congress to grant them a new $25 billion bailout to help avert thousands of employee furloughs set to begin Oct. 1, even as a separate $25 billion in government loans for the sector sits untapped.

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ReutersReuters

U.S. airlines to make urgent call for new bailout ahead of October 1 job cuts

Major U.S. airlines plan to make a last-ditch bid to persuade Congress to grant them a new $25 billion bailout to help avert thousands of employee furloughs set to begin Oct. 1, even as a separate $25 billion in government loans for the sector sits untapped.

4 years ago·United Kingdom
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OANOAN

U.S. airlines to make urgent call for new bailout ahead of October 1 job cuts

September 22, 2020By David Shepardson and Tracy RucinskiWASHINGTON/CHICAGO (Reuters) – Major U.S. airlines plan to make a last-ditch bid to persuade Congress to grant them a new $25 billion bailout to help avert thousands of employee furloughs set to begin Oct. 1, even as a separate $25 billion in government loans for the sector sits untapped.The chief executives of American Airlines, United Airlines and JetBlue Airways and major aviation unions…

4 years ago·San Diego, United States
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Al JazeeraAl Jazeera

US airlines to make plea for new bailout ahead of Oct 1 layoffs

US airlines will make a last-ditch bid to persuade Congress for a new $25bn bailout to avert thousands of furloughs.

4 years ago·Qatar
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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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