UPDATE 2-U.S. airline industry steps up aid push despite Washington impasse [Reuters]
Southwest Airlines Company (LUV)
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Source: Reuters
U.S. airline industry steps up aid push despite Washington impasse By Reuters Staff 2 Min Read CHICAGO (Reuters) - U.S. airlines and unions were redoubling efforts on Wednesday to convince lawmakers to come together over another $25 billion in aid, though hopes for a deal this month were dwindling as lawmakers shifted focus to a political battle over a Supreme Court vacancy. The industry has been hoping Congress would approve a $1.5 trillion coronavirus relief package with another round of airline payroll support before tens of thousands of airline employee furloughs set to take place on Oct. 1 when a current package expires. But a fight over the Supreme Court seat left open by the death of Ruth Bader Ginsburg on Friday has derailed those prospects, said Loren Thompson, chief operating officer of the Lexington Institute, a Virginia-based think tank. “The airline bailout matters relatively little to the Congress compared with the current debate over a Ginsburg successor. Before the SC
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