Trump says administration not considering bailouts for US air carriers
The post Trump says administration not considering bailouts for US air carriers appeared on BitcoinEthereumNews.com. President Donald Trump stated in a CBS interview that his administration is not considering a bailout for US air carriers. The comment arrives as airlines face mounting economic pressures, and it sets up a familiar dynamic between initial White House resistance and the aviation industry’s appetite for federal support. A pattern worth remembering This isn’t the first time a Trump administration has drawn a line in the sand on airline bailouts. Back in early 2020, as COVID-19 was dismantling the travel industry in real time, Trump signaled a similar reluctance to open the federal checkbook for carriers. That resistance lasted right up until it didn’t. By April 21, 2020, the administration had approved a $25B payroll support package for major airlines including American, Delta, and United as part of the CARES Act. The total aviation funding in that legislation reached $32B,