Canadian airlines close to agreeing billion-dollar bailout package

The Canadian government is close to concluding a deal with airlines for a bailout worth billions. Talks have focused on bailout package worth about $7 billion but this could be higher, says a union leader privy to the discussions.

Jerry Dias, national president of Unifor reckons a package would be worth about $9 billion and a deal could be imminent. The government and airline reps have been in ‘contentious and difficult’ discussions for several weeks.

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