- US Airports have been decimated by waning air travel as the coronavirus continues to spread.
- Airlines have drastically cut flights and governments have closed borders to help contain the virus.
- Earlier Monday, major US airlines proposed a $54 billion government bailout to avoid bankruptcies thanks to the slowdown.
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US airports are seeking $10 billion in US government assistance to help offset losses incurred by the sharp drop in travel due to coronavirus, two people briefed on the matter said.
Airports have been in discussions with the White House and US lawmakers, the sources said. Airports Council International - North America said it had now updated its forecast of losses this year to least $8.7 billion and cautioned it is likely to grow. The airports rely on passenger traffic for revenue and met with the White House last week to raise urgent concerns about the decline in passenger traffic.
Also on Monday, the trade group Airlines for America released its proposal for a $54 billion package of government assistance for its member companies.