Posted by 04 August 2020
Members of Congress are continuing to craft another coronavirus relief bill. Airlines and the unions representing their workers want to make sure that this legislation contains billions of dollars in aid for their industry.
Airline travel has declined significantly since the onset of the coronavirus pandemic. With many people concerned that flying would expose them to the virus, and with many conferences and tourist destinations shut down, there are far fewer people flying than usual. This has led to significant financial difficulties for airlines, and has led to many airline employees fearing for their jobs.
In March, Congress included $32 billion in aid to airlines. It was conditioned on these airlines not making layoffs or wage cuts through September. Airlines and unions are pushing for this aid to be extended in the new legislation or new money to be provided to airlines. They argue that the prospects for increased travel do not look good, and that without aid there will be widespread layoffs in the airline industry.
Some in Congress are sympathetic to this view, noting that this is an issue that was beyond airlines’s control. However, there are also concerns about the overall cost of an aid package. Republicans are looking to keep the cost nearer to $1 trillion while some Democrats want to spend upwards of $3 trillion. Airline aid could be sacrificed in the negotiations.
Do you think that airlines should receive federal money to help them offset the decline in air travel related to concerns over the coronavirus?