US may introduce tax break and other support measures to prevent mass bankruptcies
Transport, aviation and tourism are most affected by virus fears
The United States is looking into the possibility of tax breaks for aviation and tourism companies to help mitigate the negative impact caused by the outbreak of the new corona virus. Sources reported to the White House.
In addition to airlines, cruise companies and other travel companies could also receive tax breaks, the insiders say. American airline companies such as Delta Air Lines and Southwest Airlines and cruise lines such as Carnival, Royal Caribbean Cruises and Norwegian Cruise Line have been hit hard by the virus, with heavy blows on the stock exchanges.
At the same time, the US government would look for ways to make people abandon cruise journeys for the time being, to prevent the spread of the corona virus. The number of infections on cruise ships is constantly increasing. This weekend, Vice President Mike Pence, who heads the US efforts against the corona virus, meets with top people from the cruise industry.