US Treasury sends first airline aid payments

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Firms participating in aid programme make up almost 95% of US airline capacity. FMTNews US Aid Aviation

Delta Airlines is one of US’ big 4 airlines to participate in aid programme.

The US Treasury sent the first US$2.9 billion of the plan – agreed upon last week after hard-fought negotiations – to “two major airlines and 54 smaller passenger air carriers.” Alaska Airlines, Frontier Airlines, Hawaiian Airlines, JetBlue Airways and SkyWest Airlines have also said they plan to participate, according to the statement, which added that the department had received “hundreds” of applications to join.

“All funds provided under the programme can be used only for the continuation of payment of employee wages, salaries, and benefits,” Monday’s statement said.

 

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