Airlines would receive a portion of the roughly $900 b. coronavirus relief bill still under negotiation

Embattled United States airline companies are seemingly on the brink of receiving a four-month extension of a government assistance program that is anticipated to provide another $17 billion to fund payroll costs, according to Reuters.

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It is thought that the potential airlines' aid package make up a proportion of the approximately $900 billion coronavirus relief bill still under negotiation in Congress. The $17 billion reportedly earmarked for the airlines would allow them to "bring back more than 32,000 workers furloughed in October, after a six-month $25 billion measure expired on September 30.

Momentum has been growing on Capitol Hill to reach a final deal on the relief package, especially before the two chambers of Congress take a break for the holidays.

"Airline workers would be paid retroactive to December 1 and airlines would have to resume flying to some routes they stopped operating after the aid package expired," reported Reuters. Airline workers could not be furloughed through March 31 as a condition of the assistance. Read more at i24