US airline group details $58bn government aid request

By Jon Hemmerdinger2020-03-17T15:48:00

Source: Max Kingsley-Jones/FlightGlobal

The group, as previously reported, has asked for $50 billion in support of passenger airlines. But it also requests $8 billion for cargo carriers, and tax breaks from a fund that generated almost $16 billion in fiscal year 2018 revenue. It is receiving criticism after many airlines spent free cash flow on stock repurchases recently.

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