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New Covid relief package would give US airlines USD17 billion

Wednesday, 2 December 20203 min read

US airlines could receive $17 billion under a new $900 billion Senate Covid-19 relief package being proposed.

The $17 billion would provide four months’ payroll support, a spokesperson for Senator Mark Warner said.

Due to a new Administration taking office next month, the package is an interim one until Match 2021.

Then, a new deal could be negotiated if required by Congress and the Biden Administration, Senator Joe Manchin said.

It is part of a $45 billion transportation assistance program which will also provide $15 billion for transit systems, $4 billion for airports, $8 billion for private buses and $1 billion for Amtrak.

Airlines sought a six-month extension of the original $25 billion bailout to keep workers in jobs but no agreement could be reached before the election.

Despite a fairly busy Thanksgiving period, airline traffic remains about 60% down on normal levels.

Written by Ray Montgomery, US Editor