The Dow was down 2,700 points after President Trump said American life might not return to normal until the summer
From CNN's Greg Wallace and Jordan Valinskyamount to up to $58 billionThe aid is requested in the form of loans, grants and tax relief. The ask includes up to $25 billion in grants for passenger air carriers and $4 billion in grants to cargo carriers, and the same amounts in loans or loan guarantees. Airlines for America said in a release:
"US carriers are in need of immediate assistance as the current economic environment is simply not sustainable. This is compounded by the fact that the crisis does not appear to have an end in sight." Two sources told CNN the aid package has been discussed with key lawmakers and staff, on Capitol Hill and in the Trump administration.
The discussions were described as being at an early stage. But one of the sources noted there is a growing recognition from the federal government thatAirlines for America predicted the seven US airlines it represents could"run out of money completely sometime between June 30 and the end of the year" with losses that could be as high as $53 billion this year.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
New York expands eviction suspension statewide as coronavirus cases surpass 700 - Business InsiderNew York state officials followed the lead of the City Housing Court, which had suspended evictions from March 16-20. The statewide ban is indefinite.
Consulte Mais informação »
The Dow had its worst point drop ever as stocks tumbled againUS stocks ended sharply lower on Monday, with the Dow posting its worst point drop in history and falling to its lowest level in nearly three years. Instead of soothing the markets, another emergency interest rate cut from the Fed had the opposite effect.
Consulte Mais informação »
Amazon’s Sales on Filtered Water Dispensers Have Increased by 700% This Week — Here Are 4 You Can Still BuyA lot of people are buying them
Consulte Mais informação »
Dow drops nearly 3,000 points, as coronavirus collapse continues; worst day since '87Monday's losses put the Dow down more than 31% from its all-time high and the S&P 500 and Nasdaq more than 29% below their records.
Consulte Mais informação »
Stock market live updates: Stocks re-open after halt, Dow drops 2,700, S&P tanks 11%A conversation about the latest market news, including the massive sell-off in stocks and a giant monetary stimulus package from the Fed.
Consulte Mais informação »
Dow Plunges Over 2,000 Points, Trading Halted Despite Emergency MeasuresMarkets are falling sharply after the Federal Reserve aggressively cut interest rates to near zero. Earlier, the Dow tumbled more than 2,700 points — nearly 12% — as coronavirus measures expanded.
Consulte Mais informação »