MAJOR AIRLINES LINE UP TO SPLIT $25 BILLION IN PAYROLL AID
Apr 17, 2020
2 minutes
The Treasury Department said this week that the nation’s major airlines have tentatively agreed to terms for $25 billion in federal aid to pay workers and keep them employed through September.
The assistance will include a mix of cash and loans, with the government getting warrants that can be converted into small ownership stakes in the leading airlines.
The airlines did not want
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