American Airways passenger planes crowd a runway the place they're parked because of flight reductions to gradual the unfold of coronavirus illness (COVID-19), at Tulsa Worldwide Airport in Tulsa, Oklahoma, U.S. March 23, 2020.
Nick Oxford | REUTERS
U.S. airways JetBlue, American, United and Delta on Friday submitted functions to the Treasury Division for presidency grants to not furlough workers via Sept. 30 regardless of an unprecedented decline in air journey demand. Now they've to barter the main points.
Carriers had till 5 p.m. ET Friday to use for $25 billion in grants in trade for not furloughing staff or chopping their pay charges via Sept. 30, help that airways and labor unions lobbied for and Congress accepted in a $2 trillion coronavirus reduction bundle final week. The help additionally permits for $29 billion in loans for passenger and cargo airways.
The coronavirus has devastated air journey demand, prompting airways to plead with their workers to take unpaid and...
Supply cnbc.com
