Trump says airline bailout proposal could be unveiled this weekend

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Trump says airline bailout proposal could be unveiled this weekend
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President Donald Trump said Thursday that his administration's proposed bailout program for the airline industry may be unveiled this weekend. "I think it's going to be a very acceptable package. It's a very big package," Trump said at a White House press briefing on the coronavirus outbreak, adding the plan will be "good for the airlines." Airlines have been particularly hard hit by the COVID-19 pandemic, as most passenger flights have been grounded. The $2.3 trillion stimulus package approved last month includes about $32 billion in grants for airlines, airports and cargo operators. Reuters reported Thursday that about 275 companies have already applied for aid.

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