Keeping jobs afloat: American Airlines planes parked at Ronald Reagan National Airport in Washington. US airlines are collectively burning about US$5bil of cash a month as passenger traffic has stalled at around 30% of 2019 levels. — Reuters
WASHINGTON: US President Donald Trump said late on Tuesday Congress should quickly extend US$25bil in new payroll assistance to US passenger airlines furloughing thousands of workers as air travel remains down sharply amid the coronavirus pandemic.
Trump’s new demand came hours after he announced his administration would abandon talks with congressional Democrats over proposals to spend at least US$1.6 trillion in additional coronavirus relief funds, a move that appeared to scuttle a new US$25bil bailout for US passenger airlines to keep tens of thousands of workers on the job for another six months.
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