“Make yourself a sheep and the wolves will eat you”
Benjamin Franklin

U.S. Treasury begins distributing $15 billion in payroll aid to airlines, as Americans wait on a measly $600ea…


The U.S. Treasury Department on Friday began distributing $15 billion in new payroll assistance to airlines approved by Congress under similar conditions to an earlier round of aid.

Delta Air Lines said it expects to receive $2.9 billion, with $830 million in the form of an unsecured loan. The airline said it received the first installment of $1.4 billion on Friday.

Southwest Airlines said it expected to receive $1.73 billion in total and received $863.7 million on Friday.

Major airlines must also issue warrants to the government as part of the assistance. Congress approved a separate $25 billion in payroll assistance in March.

(Reporting by David Shepardson; Editing by Chris Reese)

- Advertisement -

Add your comment(s)



Join Wolf Daily Today!
Join the leading daily newsletter for conservative critical thinkers who like their news fact-based and always uncensored… 
Privacy Protected
You can unsubscribe anytime.
Don't Be Censored, Get our Newsletter