Economy

US House of Representatives Committee approves another $ 14 billion for airlines affected by the pandemic

US House of Representatives Committee approves another $ 14 billion for airlines affected by the pandemic

a United States House Committee On Thursday he approved a proposal to give airlines another $ 14 billion in payroll aid as part of the broader package Covid-19 A relief package making its way through Congress.

This will be the third round of support for the industry affected by the epidemic. American Airlines and United Airlines They have warned of about 27,000 leave without an extension for the current package, which expires on April 1.

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In a vote of 29-24, the House Financial Services Committee approved $ 14 billion for airlines and $ 1 billion for contractors to cover salaries through September.

The money will be included in the $ 1.9 trillion COVID-19 relief bill proposed by President Joe Biden, whose initial plan did not include new money for airlines. House Speaker Nancy Pelosi said on Thursday that she expected lawmakers to complete the legislation based on the bill by the end of February.

American Airlines said in a statement after the committee vote that the payroll support program, which covers employee wages and prohibits job cuts, “has been a lifeline for our team members.”

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US airlines burn millions of dollars every day as the pandemic crushes travel demand.

The Air Pilots Association, the world’s largest experimental union, said the money “will help prevent the additional financial devastation that could result from forcing the airline industry to leave tens of thousands of workers.”

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However, budget airlines Spirit Airlines, Allegiant Travel and Frontier Airlines have said in recent weeks that they intend to resume hiring pilots later this year.

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Reuters initially mentioned several details of plans to provide new assistance to US airlines, transportation systems, airports and passenger railways for Amtrak.

(Prepared by Tracy Rosinski and David Sheppardson; Editing by Leslie Adler)

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