Air Freight News

Latest Democratic relief bill would extend airline aid to March

Airline workers facing massive job losses this week would get a six-month reprieve in a House bill that includes more than $28 billion in payroll assistance for the industry.

The latest pandemic relief package proposed by House lawmakers would give $25 billion to passenger carriers and $3 billion to airline contractors to cover their payrolls through next March. A previous measure to protect those jobs expires on Thursday and airlines have warned they will have to cut tens of thousands of jobs without additional relief.

The bill would also provide an additional $13.5 billion for airports, which have been hit as hard as airlines by dramatic drops in passengers during the pandemic. At least 25% of the aid must go to airport restaurants and retailers under the House proposal.

While senators from both parties have endorsed the airline payroll money, the bill’s fate is uncertain in that chamber. Airlines have lost about 68% of passengers compared to 2019, according to the latest seven-day average count from the Transportation Security Administration.

“We applaud the congressional leadership for acknowledging the urgency of the situation and are grateful for the continued strong, bipartisan support from Congress,” Nicholas Calio, the president of the trade group Airlines for America, said in a statement on Monday night, “but time is running out to protect the jobs and livelihoods of tens of thousands of U.S. airline employees.”

Bloomberg
Bloomberg

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/Zack_Oakley.png
Chicago Rockford International Airport marks groundbreaking of 334,800-square-foot Hillwood logistics development
View Article
CIRCLE Group signs a framework agreement for the Progressive Digital Development of a European Airport Cargo Ecosystem

CIRCLE Group announces the signing, through its subsidiary Cargo Start, of a framework agreement.

View Article
https://www.ajot.com/images/uploads/article/Amazon.jpg
Amazon supports weekly humanitarian relief flights to Venezuela in first-of-its-kind collaboration
View Article
https://www.ajot.com/images/uploads/article/Vytautas-Ledakas-Chief-Simulator-Training-Officer-BAA-Training.jpg
BAA Training France certifies world’s first A320 FFS Airbus Standard 2.2.1
View Article
[Freightos Weekly Update] Container rates jump another $1k/FEU - but is demand peaking?

Yesterday's Iranian strikes and US retaliations mark the most serious escalation since the ceasefire began.

View Article
https://www.ajot.com/images/uploads/article/Sarah_Scheibe_1.png
Safety is not a checklist: Why Total Cargo Management must stay alert
View Article