By Staff, Agencies US President Donald Trump said Thursday his administration would present a plan this weekend to save the flagging airline industry, which is facing vastly reduced business as a result of the coronavirus pandemic. Trump, however, did not offer many details about the package during his daily coronavirus taskforce press briefing.

"We will probably be putting out a proposal and giving [airline companies] some of the details, some very powerful details over the weekend," he said.

Trump also did not rule out direct conversations with individual airlines in the coming days.

Most experts and policymakers agree that US airlines need money and they need it fast.

In the $2.2 trillion stimulus bill signed into law in late March, lawmakers set aside $50 billion with an eye toward job preservation in the industry.

But not all airlines are ready to accept the conditions proposed by the government.

There is already a stand-off brewing at the Treasury Department, industry sources told AFP this week