U.S. Senate bill to grant airlines major lifeline to weather coronavirus
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WASHINGTON/CHICAGO (Reuters) - The U.S. Senate will vote on Wednesday to give the U.S. aviation industry $58 billion (49 billion pounds) in aid, half in the form of grants to cover some 750,000 employees' paychecks, in a badly needed lifeline for an industry facing the worst travel downturn in history.A draft text for a $2 trillion economic rescue deal seen by Reuters would offer passenger airlines $25 billion in grants and $25 billion in loans, cargo carriers another $8 billion in loans and..