COVID-19 RELIEF BILL SIGNED INTO LAW; AIRLINES TO RECEIVE MUCH NEEDED AID TO AVOID LAYOFFS THROUGH SEPTEMBER
Congress passed and President Biden last week approved a $1.9 trillion COVID-19 relief bill, which provides much needed aid for the airline industry. IAM members from around the country, as well as the IAM Legislative Department and other AFL-CIO airline unions, were critical in achieving aid for the still ailing air transport sector.
The American Rescue Plan Act of 2021 will provide $14 billion in additional aid to the airline industry, which also includes an extension of the Payroll Support Program (PSP). The PSP mandates that as a condition of accepting tax payer funded aid, air carriers will not be permitted to lay off any workers through September 30, 2021. Republic Airways managment has yet to indicate whether they will see additional aid.
"Congress and the Biden Administration have done the right thing by passing this much needed legislation. IAM members, as well as our AFL-CIO affiliated sisters and brothers in the labor movement, kept up the political pressure to achieve this essential relief package," said General Vice President Sito Pantoja. "The transportation sector is still ailing due to the pandemic, but this relief will keep hundreds of thousands of workers employed, including our non-union sisters and brothers. Our hope is that demand for air travel will continue to rebound as vaccination efforts continue, mitigating the need for future layoffs."
This is the second time the PSP has been extended since the initial passage of the CARES Act in late March, 2020. US airlines have reported over $35 billion in losses in 2020 due to an historic decrease in demand for air travel. The PSP has kept tens of thousands of airline workers employed who would have otherwise been laid off due to the COVID-19 pandemic.
Please sign an IAM election authorization card (a-card) today. You can request one online here. Your right to sign an a-card is protected under federal law. Republic Airways management is prohibited to ever know if you signed an a-card.
Write something about yourself. No need to be fancy, just an overview.