(Bloomberg) -- President Donald Trump confirmed his administration is working on a financial support plan for U.S. airlines, which are struggling after a collapse in travel due to the coronavirus outbreak.
“We’re going to be backstopping the airlines,” Trump said at a White House news conference on Monday. “We’re going to be helping them very much.”
To contact the reporter on this story: Jennifer Jacobs in Washington at jjacobs68@bloomberg.net
To contact the editors responsible for this story: Alex Wayne at awayne3@bloomberg.net, Gregory Mott
