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Senate's $58B Bill to Aid U.S. Airliners: Stocks in Focus

Mar 27, 2020 - Nasdaq

As the coronavirus scare continues to mount, nations are now coming up with extensive economic rescue packages for minimizing the adverse impact on their economies that could lead to an imminent financial crisis.

In this context, the U.S. Senate has voted in favor of a $2.2 trillion economic rescue package for dealing with the havoc wreaked by the pandemic. Notably, the rescue package includes a $58 billion financial aid in the form of grants and loans for the U.S. aviation industry, whic...