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US AIRLINES GET BAILOUT
WASHINGTON, US Congress and administration today agreed to provide $15 billion to help the US airlines to survive, preventing a few of them from collapsing. The aid package exceeds the White House offer but is less than the amount the airlines would have liked to get. About $5 million will be provided in direct grants, the rest in loan guarantees.
AVIONEWS - World Aeronautical Press Agency - 17699
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency