Page 23 - Payroll Support Program News Today

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That development took place on Wednesday, two days before President Joe Biden’s planned signature of his American Rescue Plan, when American Airlines sent a note officially cancelling an earlier layoff warning to 13,000 of its workers. Those employees were scheduled to be furloughed as of April 1st, but, in expectation of the bill’s stimulus aimed at helping the airline, the company the rescinded its drawdown. In a message from American Airlines Chairman and CEO  Doug Parker and Presiden...

Official site of The Week Magazine, offering commentary and analysis of the days breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons.

Airlines cancel layoff notices after stimulus vote passes Ted S. Warren/AP FILE - In this Jan. 26, 2016, file photo, economy class seating is shown on a new United Airlines Boeing 787-9 undergoing final configuration and maintenance work at Seattle-Tacoma International Airport in Seattle. In the wake of Trump supporters violently breaching the US Capitol on Wednesday, Jan. 6, 2021, several U.S. airlines are strengthening their security measures. (AP Photo/Ted S. Warren, File) and last updated 2...

Both houses of the US Congress have now passed a pandemic-relief bill that would make billions of dollars in aid available for the benefit of employees at US airlines.

After a turbulent year for air travel, American Airlines is celebrating the passage of the spending bill.

The new bill will back $15 billion in support of airline industries that have struggled since the start of the pandemic.

No Republicans voted for the Rescue Act. It's supported by 75 percent of Americans, including many in Trump's base.

Share this article Share this article WASHINGTON, March 10, 2021 /PRNewswire/ -- On behalf of our member carriers, Airlines for America (A4A) applauds the U.S. Congress for passing the American Rescue Plan (ARP), which includes provisions to extend the highly successful Payroll Support Program (PSP) that has been vital to preserving the jobs of the U.S. airline industrys hardworking employees – flight attendants, pilots, mechanics, gate agents and others. We are deeply appreciative of Congres...

ADVERTISEMENT Restaurants The restaurant and bar industry got a win with a $28.6 billion grant program, the Restaurant Revitalization Fund, which will provide debt-free support for restaurants, bars, breweries and other similar businesses, as well as cover eligible expenses such as payroll, mortgage, rent and utilities.  Legislation to provide direct support to the industry, the RESTAURANTS ACT, was introduced in June, but direct funds didn’t make it into the most recent December coronavir...