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Feds Working on Airline Bailout Plan

Could be worth up to $9 billion

The head of UNIFOR says Ottawa is close to coming up with a multi billion dollar bail out plan for the airline industry.

Jerry Dias says the federal government is in the final stages of talks with airline officials about the proposal.

Dias hinting the Trudeau Liberals will offer airlines loans, repaid at one percent interest over 10 years.

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