The US Treasury Department Paid $12.4 Billion To 93 Local Airlines Affected By The Pandemic
The US Treasury Department has paid $12.4 billion to 93 US air carriers facing significant financial losses due to the coronavirus pandemic. This is stated in a message distributed on Saturday by the Department.
"To date, the Ministry of Finance has allocated $12.4 billion in initial payments to 93 air carriers and will continue to make additional payments on a regular basis," the report says. The funds should be spent on paying employees' salaries.
Earlier, CNN reported that the number of passengers traveling by airlines to the United States has almost halved due to the effects of the pandemic.
In late March, Donald Trump approved a more than $2 trillion aid package that provides assistance to the country's aviation industry. Its representatives requested financial assistance from the government.
An outbreak of the coronavirus-induced disease was recorded in late 2019 in Central China and later spread to most countries. On March 11, it was recognized as a pandemic by the World Health Organization (WHO). In the United States, according to the Johns Hopkins University, which makes calculations based on reports from the country's authorities, who and other official sources, more than 905 thousand cases of coronavirus infection were recorded, and more than 51.9 thousand people died. Since the beginning of the pandemic, more than 2.7 million people have been infected with the coronavirus in the world, and more than 190 thousand have died.