Impacting Travel

Stimulus package, including travel aid, looks imminent

The elusive second round of humanitarian aid from the federal government appears to be imminent.

A group of bipartisan senators and representatives has apparently reached an agreement on the proposed $ 908 billion package, which will include $ 17 billion for airlines, billions more for other sectors of the travel industry, as well as another check from encouragement for Americans.


Being a trend now

Coronaviruses are a large family of viruses that are common in many different species of animals, including camels, cattle, cats, and bats.

“The stimulus package is encouraging. It seems like it’s very, very close, ”President-elect Joe Biden said Wednesday. “It is a down payment. A big down payment that will have to be made … It is very important to do it.

Senator Chuck Schumer (D-NY) said in a speech Wednesday morning that “the finish line is in sight,” while Senate Majority Leader Mitch McConnell (R-Ky.) Also said in a speech that “We are committed to continuing these urgent discussions until there is an agreement.”

A vote to pass the proposed bill could come in a few days.

According to the New York Times, the plan was also expected to provide billions of dollars for vaccine distribution and to support schools and small businesses, but it bypasses the coronavirus liability protections that Republicans have long sought. and a dedicated flow of funds to state and local governments that he insisted on. Democrats: the two most contentious hot spots.

Once approved, travel leaders hope it will be a bandage large enough to stop bleeding in the industry. Airlines are operating at only about 40 percent of capacity compared to last year and have had to lay off more than 30,000 workers. The second stimulus package (airlines received $ 25 billion when the CARES Act was first passed in March) will likely stop the layoffs. Combined with two COVID-19 vaccines that were approved by the Food and Drug Administration and began shipping this week, the industry expects to return to a more normal situation within a year.

That includes cruise lines, which between orders from the Centers for Disease Control and their own self-imposed restrictions, have not sailed in U.S. waters since mid-March of this year and are not scheduled to sail again until at least 1 March 2021.


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