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

{afn_job_title}

© 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/TIACA_ACF_2024.png
ACF 2024 a Resounding Success
View Article
https://www.ajot.com/images/uploads/article/ANTONOV-Airlines_carries-cruise-ship-equipment.png
ANTONOV Airlines and First Class Freight BV carry equipment to provide cruise ship operations in the Arctic
View Article
https://www.ajot.com/images/uploads/article/JFK_Airport_Terminal_One.jpg
JFK International Airport named best in North America for 2nd year by Business Class Airport
View Article
https://www.ajot.com/images/uploads/article/World-ACD-Week-45---2024.png
WorldACD Weekly Air Cargo Trends (week 45) - 2024
View Article
https://www.ajot.com/images/uploads/article/2024-11-LIND-PR_AAT-ETV.jpg
Lödige Industries is the World Market Leader 2025 for Air Cargo Terminals
View Article
https://www.ajot.com/images/uploads/article/avion-carguero_nuevo-logo_3.png_.jpeg
Avianca Cargo announces new brand identity and reports transformational success with a strong value proposition
View Article