CHICAGO (Reuters) – U.S. aviation contractors laid off thousands of workers due to delays in payroll aid from the U.S. Treasury that was meant to protect jobs, an investigation by a U.S. House of Representatives subcommittee found.
Under the Coronavirus Aid, Relief and Economic Security Act (CARES Act), companies in the aviation sector were granted funds to cover six months of their payroll as the COVID-19 pandemic prompted a precipitous
By Tracy Rucinski
CHICAGO, Oct 13 (Reuters) – Delta Air Lines said on Tuesday it does not expect to plug a daily cash bleed due to the COVID-19 pandemic until next spring, although it has at its disposal $1.3 billion in leftover federal aid for employees’ payroll.
The airline previously said it could halt a cash bleed that averaged $18 million per day in September before the end of the
FILE – In this May 26, 2020, file photo, members of the state Assembly meet to discuss the state budget at the Capitol in Sacramento, Calif. With more coronavirus aid for states still tied up in Congress, California is looking at implementing billions of dollars of budget cuts later this week.
AP
SACRAMENTO, Calif.
When state lawmakers in July cut $150 million from the California court system, they
By ADAM BEAM, Associated Press
SACRAMENTO, Calif. (AP) — When state lawmakers in July cut $150 million from the California court system, they offered this hope to stressed-out administrators: The cuts would vanish if Congress sent the state more money before Oct. 15.
Riverside County Superior Court officials were optimistic. They stopped buying things and halted all travel and training but put off more painful cuts while they waited for
PLYMOUTH – A country with 30 percent of the hotels it had in 2019?
That’s what The American Hotel & Lodging Association says America will face if more congressional aid is not forthcoming.
According to The American Hotel & Lodging Association, 74 percent of hotels nationwide will be forced to lay off additional employees, and two-thirds of hotels won’t survive another six months without another COVID stimulus bill.
With approximately
A country with 30 percent of the hotels it had in 2019?
PLYMOUTH – A country with 30 percent of the hotels it had in 2019?
That’s what The American Hotel & Lodging Association says America will face if more congressional aid is not forthcoming.
According to The American Hotel & Lodging Association, 74 percent of hotels nationwide will be forced to lay off additional employees, and two-thirds of hotels
Utah Sen. Mike Lee is trying to prevent the take-off of another round of relief for airlines, which say they will need to lay off tens of thousands of employees without it.
© Rick Bowmer
(Rick Bowmer | AP file photo) Delta passengers wait to board their flight in the new terminal at the Salt Lake City International Airport on Sept. 15, 2020. Sen. Mike Lee opposes a new stand-alone
With about 40,000 workers furloughed in recent days, airlines and their employee unions are pleading with Congress and the White House to pass an extension of federal payroll support for the industry.
The labor and industry groups sent congressional leaders a letter on Wednesday urging them to pass legislation that would provide an additional $25 billion in direct payroll grants to airlines, allowing them to keep paying employees through next
House Speaker Nancy Pelosi said she would not support a stand-alone aid measure for the crippled airline industry unless the White House agreed to move forward with a larger coronavirus stimulus package.
“Let me just be really clear: I have been open to having a stand-alone bill for the airlines or part of a bigger bill. But there is no stand-alone bill without a bigger bill,” the California Democrat said
Days after President Donald Trump abruptly halted negotiations over a new COVID-19 aid package, only to change course and suggest he would support several smaller standalone measures, the likelihood of an individual aid program for airline workers has hit a new snag.
House Speaker Nancy Pelosi (D-CA) said on Thursday that she would not support a standalone bill for airline aid unless it accompanied a larger support package.
Airlines last
House Speaker Nancy Pelosi said Thursday there could be no action on a stand-alone bill to aid airlines or any other sector of the economy without an agreement with the White House and Republicans on a broader economic stimulus package.
Pelosi’s remarks at a news conference at the Capitol suggested that there would be no quick resolution of the standoff over aid to the U.S. economy even as there are
With about 40,000 workers furloughed in recent days, airlines and their employee unions are pleading with Congress and the White House to pass an extension of federal payroll support for the industry.
The labor and industry groups sent Congressional leaders a letter on Wednesday urging them to pass legislation that would provide an additional $25 billion in direct payroll grants to airlines, allowing them to keep paying employees through next
The jobs could be restored if Congress and the White House can come together on an aid package to help the struggling industry.
American Airlines and United Airlines say they will begin to furlough 32,000 employees after lawmakers and the White House failed to agree on a broad pandemic relief package that includes more federal aid for airlines.
American Airlines CEO Doug Parker said that if Washington comes up with
By Tracy Rucinski and David Shepardson
CHICAGO/WASHINGTON (Reuters) – U.S. airlines were again holding out hope for another $25 billion in payroll aid after House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin discussed the possibility of standalone legislation for the struggling sector on Wednesday.
Their conversation was the latest in a series of turbulent developments on relief prospects in recent weeks for airlines, which last week began the furlough
Shares of major U.S. airlines gained on Wednesday, reversing some of Tuesday’s declines, after President Donald Trump said he would approve an “alternative” stimulus package that should include another $25 billion in aid.
Shares of American Airlines (AAL) – Get Report, Delta Air Lines (DAL) – Get Report, United Airlines (UAL) – Get Report, Southwest (LUV) – Get Report
WASHINGTON (Reuters) – U.S. President Donald Trump, still being treated for COVID-19, abruptly ended talks with Democrats on an economic aid package on Tuesday, drawing criticism from presidential rival Joe Biden that he was abandoning Americans in the midst of a pandemic.
Trump’s tweet breaking off talks for a new round of stimulus spooked Wall Street, sending stocks down as much as 2% from their
The fresh spending is the latest move by the government to prop up Australia’s lagging airline sector, which has seen 11,500 workers face the sack at major airlines Qantas and Virgin during the pandemic.
Around 24,000 staff remain stood down at the two companies and Virgin fell into voluntary administration under the strain of COVID-19, to be rescued by US private equity firm Bain Capital in a $3.5 billion sale.
A French union representing businesses catering to cats and dogs has demanded the government extend a coronavirus-related grant to animal care services, which are currently not eligible as they are not considered part of the tourism sector.
The Syndicat National des Professions du Chien et du Chat (SNPCC) wrote in a press release: “Since the beginning of lockdown…pet boarding houses and pet sitters have remained in great difficulty.”
Emma Robertson,
President Trump cleared his Friday schedule after he and first lady Melania Trump confirmed they had tested positive for the coronavirus in the early morning hours — except for a phone call on virus aid for vulnerable seniors, multiple reports said.
The president had previously planned to hold a fundraiser at the Trump hotel in Washington, D.C. and a rally in Sanford, Fla., with just a month left before the
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