Labor Unions Push For A New $32 Billion Airline Bailout To Save Tens Of Thousands Of Jobs

Airline unions are pressing the government to provide a second round of aid to save airline jobs.

CNBC reports:

“Unions representing tens of thousands of airline employees asked lawmakers on Thursday for $32 billion in additional government aid to maintain their jobs through the end of March, as air travel demand remains low because of the coronavirus pandemic.

U.S. passenger and cargo airlines, as well as airline contractors, had $32 billion in federal aid to keep paying workers under the $2 trillion CARES Act that was signed into law in March. Terms of that aid prohibit the airlines from laying off or cutting the pay rates of employees through Sept. 30.

Congress is likely to begin negotiations on the next major coronavirus relief bill in July.

The unions on Thursday urged House and Senate leadership to pass “a clean extension” of the CARES Act, arguing that doing so would minimize additional applications or negotiations between the Treasury and airlines.

‘This is the simplest and fastest way to maintain Congress’ historic commitment to keep aviation workers on payroll — many of whom are on the front lines of this deadly virus,’ said a letter signed by unions representing flight attendants, pilots, mechanics and other employees to congressional leaders.

Spokespeople for House Speaker Nancy Pelosi and Senate majority leader Mitch McConnell did not respond to a request for comment. ”

For the rest of the story, visit CNBC here.

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