airline industry devastated by the COVID-19 pandemic.The heads of two pilots’ unions and Unifor asked the federal government on Thursday to offer carriers loans totalling $7 billion at a one per cent interest rate.
European airlines look at fast-acting coronavirus tests to restore faith in air travel The 10-year credit plan being requested includes loan guarantees and direct financial aid, but no grants and aligns with the support extended by other countries, they said.The unions also asked Ottawa to back approval and deployment of rapid COVID-19 tests for passengers as a step toward easing travel restrictions and quarantine rules.“The COVID-19 pandemic has created a crisis in Canada’s aviation industry unlike anything seen before, and.