Edition:
United States

Tracy Rucinski

U.S. House COVID-19 aid proposal gives airlines bailout hope, but chances slim

Sep 28 2020

CHICAGO/WASHINGTON A $2.2 trillion draft bill for coronavirus aid unveiled by Democrats in the U.S. House of Representatives late on Monday gave airlines some hope for a second bailout before tens of thousands of layoffs occur on Thursday, although tough hurdles remained.

U.S. House COVID-19 aid proposal gives airlines some hope for deal this week

Sep 28 2020

CHICAGO/WASHINGTON, Sept 28 A $2.2 trillion draft bill for coronavirus aid unveiled by Democrats in the U.S. House of Representatives late Monday gave airlines some hope for a second bailout before tens of thousands of layoffs occur on Thursday, though tough hurdles remained.

United Airlines pilots avert layoffs, other workers hope for bailout

Sep 28 2020

CHICAGO United Airlines' pilots voted on Monday to accept a deal that would avert 2,850 furloughs set for Thursday, while thousands of other U.S. airline employees are hoping Congress will extend federal aid to save their jobs.

American Airlines secures $5.5 billion Treasury loan, could tap more

Sep 25 2020

CHICAGO/WASHINGTON American Airlines said on Friday it has secured a $5.5 billion government loan and could tap up to $2 billion more in October depending on how the U.S. Treasury allocates extra funds under a $25 billion loan package for airlines.

U.S. airlines turn eyes to expected new House coronavirus relief proposal

Sep 24 2020

WASHINGTON/CHICAGO U.S. airline unions expressed hope on Thursday that Congress could strike a deal in the coming days that would provide $25 billion to prevent tens of thousands of furloughs on Oct. 1 after the U.S. Treasury chief said he could not act unilaterally to save airline jobs.

U.S. airline industry steps up aid push despite Washington impasse

Sep 23 2020

CHICAGO/WASHINGTON U.S. airline chief executives and labor leaders redoubled calls on Wednesday for lawmakers to urgently pass another $25 billion in payroll aid, though hopes for a deal this month were dwindling as lawmakers shifted focus to a political battle over a Supreme Court vacancy.

U.S. airlines make urgent call for new bailout ahead of October 1 job cuts

Sep 22 2020

WASHINGTON/CHICAGO Major U.S. airlines launched a last-ditch bid to persuade Congress to grant them a new $25 billion bailout to help avert tens of thousands of employee furloughs set to begin Oct. 1.

U.S. airlines to make urgent call for new bailout ahead of Oct. 1 job cuts

Sep 22 2020

WASHINGTON/CHICAGO, Sept 22 Major U.S. airlines plan to make a last-ditch bid to persuade Congress to grant them a new $25 billion bailout to help avert thousands of employee furloughs set to begin Oct. 1, even as a separate $25 billion in government loans for the sector sits untapped.

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