U.S. Airlines Call for Massive Government Relief Package | Aviation International News

U.S. Airlines Call for Massive Government Relief Package

Trade group A4A projects all seven of its passenger airlines likely will run out of money between June 30 and the end of the year absent government action.

American Airlines jetliners sit parked at their gates at Los Angeles International Airport on September 8, 2017. (Photo: Flickr: Creative Commons (BY) by Prayitno / Thank you for (12 millions +) view)

By Gregory Polek • Senior Editor

March 16, 2020

U.S. airline trade group Airlines for America (A4A) on Monday called for a massive relief package from the federal government to help its members survive a mounting liquidity crisis caused by the Covid-19 outbreak. The group has asked for a package of financial relief measures including a $25 billion grant for Part 121 passenger air carriers to compensate for reduced liquidity expected this year due to the novel coronavirus. It has also asked for a $4 billion grant for Part 121 cargo carriers to cover the same time period. A4A has called for the Treasury Department to implement the grants immediately following the enactment of related legislation.

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