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05 December 2008 The on-line newspaper devoted to the world of transports 05:31 GMT+1



April 4, 2003

Congress approves airline aid

The US Congress has approved at least $3.2bn (£2bn) in aid for struggling airlines, despite objections from the White House that the sector was being bailed out too readily.

BBC News

The aid package is in response to complaints from airlines that the Iraqi war was causing an unprecedented collapse in ticket sales, at a time when major carriers were already weak.

Two separate proposals made their way through the legislature - a $3.2bn plan in the House of Representatives and a $3.5bn package in the Senate.

The White House ......
Read more on BBC News



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