Published on Tuesday, March 17, 2020

US airlines seek billions in state aid

US airlines are seeking federal government financial assistance which could exceed $50 billion to help recover from the sharp downturn in travel demand.

Airlines for America called for $25 billion in federal grants for airlines to see them through until the end of the year.

A4A is also requesting an additional $25 billion in loans or loan guarantees for passenger airlines.

The trade group says airlines also want excise tax relief.

The Trump Administration has said it will support the airline industry although it hasn't disclosed any specifics.

Delta Air Lines and American Airlines both said they are in discussions with government officials over financial aid.

"We're going to be in a position to help the airlines very much. We've told the airlines we're going to help them," President Trump said.

The current situation is having an 'unprecedented and debilitating impact' on US airlines, A4A said.

"Cancelations are spiking, and for US carriers those cancelations are outpacing new bookings. The economic impact on US airlines, their employees, travelers and the shipping public is staggering."

"US carriers are in need of immediate assistance as the current economic environment is simply not sustainable. This is compounded by the fact that the crisis does not appear to have an end in sight," the trade group added.

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  • NO AID

    but like in Australia, they should be able to defer govt charges. That's it.

    By Michael Anderson, Wednesday, March 18, 2020

  • Cruise Lines can provide medical centers with lay up ships

    Using cruise ships as virus treatment centers. A few weeks ago, the media and other entities talked so much about the connection of the cruise industry to the spread of the virus that it became clearly unbalanced. The Cruise companies had a problem but now it realized it"s a problem off all hospitality services in our lives. So, I"m watching CNN and every 5 minutes the medical professionals come on and tell us to be prepared for the hospital and medical services to get overrun with demand very soon. Also, the difficulty in getting testing organized. So, I see pics of 2-3 mega cruise ships from the big companies being laid up all over coastal North America in almost every major Urban location. Even regional coverage in places like Gulfport MS has 2 big Carnival ships. How hard would it be to turn these vessels into Triage locations where those with confirmed Corona Virus can be isolated and served the attention they need. You have more capacity with each ship than at the typical hospital plus the care givers can stay there too and have their necessities provided. U could set up several of the public areas for treatment space and the cabins will house the afflicted. This does several things. 1, provides a preemptive potential solution to something we know is going to happen. It"s in the math. 2. It would definitely provide a good neighbor opportunity for the Cruiselines to participate in a significant manner as part of the solution instead of being constantly portrayed as a contributor to the problem as they originally were. 3. While it"s not a big profit motive, the costs of the ship in real terms on a break even basis could be provided by the government which would provide valuable cash flow for the cruise lines at a time of need instead of waiting fir a government bailout handout. Plus with one swoop the government could provide with each shio significant amounts of medical treatment capacity. The ships are sitting. The staff is locked onboard. The vessels are floating hospitality center"s which come with self contained ability for hygiene and F and B needs and u have accommodations for staff. Plus for those that are able there is even the ability to offer Wi-Fi and Interline connection so everyone is not as isolated as they would be at a hospital. Or worse. Let"s get someone to look at this. I"m at home if u would like to discuss this. The concept makes slot of sense logistically. And financially and if they are re smart both the government and the cruise industry would appear much more in control if the situation with this bold move. Bruce Nierenberg Cruise Line Owner and Operator [email protected] 321-427-0332

    By BRUCE NIERENBERG, Tuesday, March 17, 2020

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