US: Kudlow expects Trump administration to unveil aid for airlines in weeks

White House economic adviser Larry Kudlow on Friday said he thinks the Trump administration will in a matter of weeks unveil additional aid for US airlines, which have been dealt a blow by a coronavirus pandemic that has grounded most flights. "If they need additional assistance, we stand ready to work with them to hammer out additional packages," Kudlow said. Airlines received $25b in US government stimulus funds in March meant to cover payrolls and protect jobs through September. Congress also approved another $25b in loans for airlines but much of the money has not been tapped. As bailout money runs out without a travel recovery in sight, airlines and unions have lobbied Washington for another $25b. But talks have stalled as Congress has struggled to reach agreement on a broader coronavirus assistance package, despite significant bilateral support for the airline package. Administration and airline officials say the Trump administration has considered various ways to aid airlines without congressional action but have yet to settle on an approach.<br/>