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Yahoo BusinessOct 01, 2020
U.S. airlines rise as Trump's proposal revives bailout hope
Negotiations for coronavirus relief aid between the White House and House Democrats had stalled in large part over the price tag, with Democrats seeking $2.2 trillion and the White House staying firm at $1.5 trillion. Shares of American Airlines, United, Delta Air Lines , and Southwest Airlines were up between 1.3% and 2.8% in pre-market trading. U.S. airlines have been pleading for another $25 billion in support to protect jobs for a further six months after the previous package, which banned furloughs, expired at midnight Sept. 30.


CNBC BusinessSep 30, 2020
American, United move ahead with more than 32,000 furloughs, but will recall workers if coronavirus aid deal reached
American Airlines will move forward with furloughs of some 19,000 workers as government aid expires and talks for a new coronavirus relief bill fail in Washington.
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