US: Airlines would get US$37b in grants in Pelosi’s virus plan
Struggling airlines would get US$37b in grants to keep workers on the job as part of a $71b package to rescue airlines and airports under the latest version of a coronavirus stimulus bill being drafted by House speaker Nancy Pelosi, according to a person familiar with the matter. The provisions are in a draft of a $2.5t stimulus bill House Democrats are preparing in a bid to influence ongoing talks on the Senate’s version. The House plan would require airlines that accept federal aid to give labour a seat on their board of directors, offset carbon emissions by 2025 and would fund a program to be run by the DoT to make carrier fleets more fuel efficient by scrapping older planes, according to top Republicans on the House Transportation and Infrastructure Committee who oppose those provisions. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-03-24/general/us-airlines-would-get-us-37b-in-grants-in-pelosi2019s-virus-plan
https://portal.staralliance.com/cms/logo.png
US: Airlines would get US$37b in grants in Pelosi’s virus plan
Struggling airlines would get US$37b in grants to keep workers on the job as part of a $71b package to rescue airlines and airports under the latest version of a coronavirus stimulus bill being drafted by House speaker Nancy Pelosi, according to a person familiar with the matter. The provisions are in a draft of a $2.5t stimulus bill House Democrats are preparing in a bid to influence ongoing talks on the Senate’s version. The House plan would require airlines that accept federal aid to give labour a seat on their board of directors, offset carbon emissions by 2025 and would fund a program to be run by the DoT to make carrier fleets more fuel efficient by scrapping older planes, according to top Republicans on the House Transportation and Infrastructure Committee who oppose those provisions. <br/>
