Pelosi says there is no single help for airlines without a big stimulus bill


A JetBlue Airways Corp. next to American Airlines Group Inc. Aircraft Taxis, Delta Air Lines Inc. And Alaska Airlines Inc. The plane landed at Reagan National Airport (DCA) in Virginia, USA on Monday, April 6, 2020.

Andrew Herrer | Bloomberg | Getty Images

House Speaker Nancy Pelosi said there would not be a single bill for additional support for carriers without a large coronavirus stimulus package, after airline shares fell on Thursday.

Pelosi’s remarks came two days after President Donald Trump closed talks for a national coronavirus package until after the election, but requested additional help for the ailing airline sector.

Last week, the airlines began a strike of more than 33,000 workers. Carriers agreed not to cut any workers until October 1, under a કોંગ 25 billion endorsement approved by Congress in the 2.3 trillion Carriage Act in March.

These funds were supposed to help airlines reduce demand but have failed to materialize a significant reversal in demand for air travel. Airlines and labor unions are urging legislators and the Trump administration to allow a further 25 25 billion to save jobs by March 2021.

The proposal won bilateral support but lawmakers and the Trump administration repeatedly failed to reach deals on more coronavirus aid.

Earlier in the day, the airline’s stock was hoping Congress could step up aid to the region alone.

Shares of American Airlines fell 1.3% and shares of United Airlines fell 0.3%. Shares of Southwest Airlines rose 0.5% and Delta Air Lines rose 0.2%.

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