Hi, I'm CNBC producer Katie Kramer, one of the voices behind the CNBC podcast SquawkPod.

In these times of uncertainty, we want to make sure we're bringing you, our listeners, as much information as possible, as quickly as we can.

That's why we're sharing with you now a CNBC special report, Markets and Turmoil.

Listen in.

Good evening. I'm Scott Wapner on day 179 of the coronavirus crisis. We start with breaking news tonight from the airline industry.

Our Phil Lebeau following the money there joins us live on the newsline. Phil, what can you tell us tonight?

Scott, we have six airline and aviation unions now writing a letter to the leaders

of Congress asking them to extend payroll aid through March 31st. Just to refresh your memory,

you've got payroll aid that has kept these basically thousands, tens of thousands of workers

employed despite the drop off in traffic for the airlines. You've got the pilot that has kept these basically thousands, tens of thousands of workers employed,

despite the drop off in traffic for the airlines.

You've got the pilots, the flight attendants, the machinists,

as well as the transport workers union, the communication workers union,

and the transportation trades union.

They're all part of this letter saying, look, the $32 billion that helped keep the airlines alive that you awarded back in March and in April that expires at the end of September, we want you to extend it again to March 31st of next year.

All of this comes at a time when you look at passenger levels, they have not snapped back.

At the drop off that we saw in March and April, when it got as low as 87,000 passengers

in a day in early April, it's now averaging about 500 to 550,000 passengers a day.

And while that is an improvement, it's still down about 80% compared to the same day last year.

So the airlines have not seen the snapback in business.

They're still losing tens of millions of dollars every day.

If you take a look at shares of United, there's news tonight that United is increasing its debt offering.

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