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US airlines seek nearly $60 billion in aid amid COVID-19 crisis

Airlines for America (A4A), the trade group for the US airline industry, on Monday asked for nearly $60 billion in direct assistance and loan guarantees as airlines worldwide struggle amid the novel coronavirus (COVID-19) spread.

A4A stated that because the current economic environment is simply not sustainable, and the crisis does not appear to have an end in sight, the organization recommends immediate and long-term assistance to the US airline industry and their employees in the form of grants, loans and tax relief.

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