The Foreign Secretary said the cash would be used to fund repatriation flights after planes were grounded and international travel stopped by Covid-19.
The plan was announced after talks between ministers and airlines British Airways, Virgin, Easyjet, Jet2 and Titan Airways.
BA has already been working on repatriation flights, while the other companies signed a “memorandum of understanding” with Mr Raab.
The deal was announced as officials faced criticism from Britons flown back to Heathrow after being stranded in Peru.
They claimed holidaymakers had missed planes because they were only notified of their flights out of Lima by email at short notice.
Mr Raab said the new mission would focus on destinations where commercial flights have been halted, and would prioritise the sick and elderly.
He said: “This is a worrying time for many British citizens travelling abroad.
“We’ve already worked with airlines and governments to enable hundreds of thousands to return home on commercial flights.
“We will keep as many of those options open as possible.
هذه القصة مأخوذة من طبعة March 31, 2020 من Daily Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة March 31, 2020 من Daily Express.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
SPURS IN FREE FALL AS BLUES RISE UP
Damaging setback to Ange's top-four hopes
Rocker cleared of threat over gun stage move
Gesture deemed not threatening
We arrived at Juno, battleships were firing ...we were petrified
WHEN D-Day hero Albert Fenton was hauled out of camp and told he was going to see his commanding officer he thought his war was over.
Dine and dash lawyer struck off
Disgraced solicitor failed to pay for £43 takeaway and Harvester meal
'Daddy's girl' sues after millionaire's 'secret will' snub
THE \"daddy's girl\" daughter of a £55million tycoon is fighting in court after she was left \"dumbfounded\" at being cut out of millions in his \"secret\" will.
Police scour farm after two men shot
THIS is the remote farm where a suspected teenage burglar was shot dead and his alleged accomplice left badly injured in what police believe to be a bungled break-in.
Jay Blades and 'broken' wife split after 18 months
THE wife of TV presenter Jay Blades has announced the end of their 18-month marriage.
War crime claims over West Bank boy's killing
ISRAEL has been accused of a possible war crime over the killing of an eight-year-old boy in the West Bank.
Ditching PM would make Tories look like a maniacal cult
WE DIDN'T need the local election results to tell us that the Conservatives are in deep trouble and their chance of winning the next election is vanishingly small.
New chief for Death in Paradise
Gilet to replace Ralf Little
