US: Senate coronavirus aid proposal calls for $17b for airlines
The Senate has set aside $17b for airlines in a more than $900b bipartisan proposal providing additional coronavirus aid that was released Tuesday, according to people familiar with the matter. Airlines received $25b under the CARES Act in March to keep paying their workers and forgo job cuts until Oct. 1. American and United began furloughing more than 30,000 workers in October after Congress and the White House were unable to reach an agreement on another round of coronavirus aid that could have included more support for airlines. Tens of thousands of other workers have accepted buyout and early retirement packages. The roughly $908b Senate coronavirus aid package would set aside $45b for the struggling transportation sector, according to a breakdown of the proposal.<br/>
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US: Senate coronavirus aid proposal calls for $17b for airlines
The Senate has set aside $17b for airlines in a more than $900b bipartisan proposal providing additional coronavirus aid that was released Tuesday, according to people familiar with the matter. Airlines received $25b under the CARES Act in March to keep paying their workers and forgo job cuts until Oct. 1. American and United began furloughing more than 30,000 workers in October after Congress and the White House were unable to reach an agreement on another round of coronavirus aid that could have included more support for airlines. Tens of thousands of other workers have accepted buyout and early retirement packages. The roughly $908b Senate coronavirus aid package would set aside $45b for the struggling transportation sector, according to a breakdown of the proposal.<br/>
