Democrats agree on 'big immediate action' to boost US airline industry

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Airlines warn that without grants and loans, they could run out of money by year-end. FMTNews

March 18, 2020 8:48 AM

A spokesman for Pelosi said she told the chief executives that “there was agreement on the crucial contribution aviation workers provide to the nation’s economy; the need for big, immediate action; and that assistance must put workers’ paychecks and benefits first”. But congressional aides say they will likely demand significant conditions as part of any bailout and its form is still uncertain.

Pelosi and some other Democrats insist that any bailout must prioritise workers. Others want airlines to adopt consumer-friendly or environmentally sound business practices as a condition of a bailout. Four Democratic senators said in a letter on Tuesday that Congress made mistakes when assistance it offered after the September 2001 attacks did not provide sufficient protections for employees.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines