Trump urges Congress to provide $25 billion bailout for U.S. airlines

Airlines for America, the trade group representing major U.S. airlines, noted “thousands of airline workers across the country have already lost their jobs – and more furloughs are expected in the coming weeks.” But the group added “there is a glimmer of hope that our leaders in Washington will act and save these jobs before it’s too late.”

U.S. airlines are collectively burning about $5 billion of cash a month as passenger traffic has stalled at around 30% of 2019 levels. After tapping capital markets, they say they have enough liquidity to last them at least 12 months at that rate. Industry experts expect a slight improvement in domestic demand over the winter holidays from current levels, but it will remain far below last year’s volumes. Meanwhile, higher-margin business and international travel remain severely depressed.

Source: Holiday News (holidaynews.net)

it's nice to know that even in this highly partisan climate, both sides can still come together to bail out a dying industry that's done nothing but exploit workers and ravage the environment for decades.

davidshepardson He needs to do a Executive order for stimulus checks

Fuck them planes.

Money for the airlines. Bupkis for small businesses. Typical for that traitor.

Fuck the airlines help the people 😼

I wonder how many hours a day Trump spends in front of the mirror practicing his many faces of a dictator? It’s very creepy just like him signing a blank piece of paper for the camera while at Walter Reed hospital m! Me, me, me going to prison soon!!

Pelosi needs to go she has no balls and is afraid of Trump like all the rest!

Bailout? Airlines?

I want him to prove that he tested positive for Covid. I firmly believe that he’s lying and it was another attempt on his part to get sympathy votes! His Dr. should be fired for a coverup and the rest we know are all liars just like Trump! Prison for Trump in 2021

Absolutely NOT until ALL Americans have their needs met due to trumpy’s & the Rethuglicans Negligence and Incompetence — Millions of Americans are hurting trying to find good for their tables, pay utilities & rent, cloths their children, Millions are lacking Healthcare, etc.

Reuters lies to readers by not mentioning the stimulus checks.

Please correct me if I'm wrong but this sounds like something of socialist. Bailing out corporations so they don't lay off employees paid by people who have no connection with this employment. What's the difference between this and people bailing each other out with healthcare?

Didn’t he and his business buddies buy a load of stocks in these airlines 🧐

As bad as this sounds the house should stall or simply flat out refuse like the senate have been. This is Trumps attempt to gain favour.

Evil Pelosi went home without a stimulus to help business, airlines and the American people. We don't give a damn about corrupt Democratic state Politicians that destroyed their cities and pocketed the people's money. Them people can leave and support the Republicans that care.

Aerolíneas que despiden... La manipulacion de las palabras para hacerlo ver que se preocupa de los trabajadores, la verdad no... Su preocupación son los empresarios que financiaron su campaña política, es su gente, es su casta.

that’s included in three bill passed by the House. If he draw senatemajldr out of his shell maybe they can do their jobs

This is criminal ! USA citizens are dying and they know !

So is this post somehow implying that these people’s jobs are not worth saving ?

Socialism!

What a dealmaker! He has certainly outmaneuvered us all. We never saw this coming. He is now playing 4-dimensional chess.

ترمب هو المجرم الحقيقي وراء مقتل ٢١٠٠٠٠ مواطن امريكي. بعد خروجه من البيت الابيض و رفع الحصانة عنه يجب محاكمته في تصفية المواطن الامريكي عمدا. ترمب شخص سافل وضيع بلا اخلاقيات.

Someone is counting swing votes still available

I'm sick if bailing these guys out every couple years.

MuhyiddinOut

'First I blow up the dam, then I save people from drowning'...

Just keep on printing baby until it becomes nothing but a piece of paper

Someone got to him.

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