U.S. Airlines and Hotels to Receive Long-Awaited Relief as Part of New $900 Billion Aid Package
Photo Credit: U.S. airlines and hotels are both slated to benefit from a $900 billion coronavirus relief measure on track to pass Congress Monday. Wikimedia / redlegsfan21
Skift Take
The $900 billion coronavirus relief deal delivers the airline and hotel industries some of the top requests on their respective holiday wish list. Just as before, airlines get the biggest prize.
Leaders of both houses of Congress Sunday night signaled they averted further gridlock and struck a deal in providing $900 billion in additional coronavirus economic relief.
While the airline industry is the travel sector’s largest beneficiary from the potential deal, hotels are also on track to get their biggest aid request.
Exact details of the bill were still trickling in Sunday night, but House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell confirmed the deal on social media.
Congress reached a deal for $15 billion in additional payroll relief to the airline industry. While $10 billion less than requested, the package is as close to a so-called “clean extension” of the initial funds included in the relief measure from earlier this year as could be expected aft
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