Southwest expects talks on US payroll grant terms over next several days

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

Southwest Airlines Co said on Friday it has applied for U.S. payroll grants but cannot disclose details as the next several days could involve ...

Southwest Airlines Co said on Friday it has applied for U.S. payroll grants but cannot disclose details as the next several days could involve conversations on the terms of any agreement.

FILE PHOTO: A number of grounded Southwest Airlines Boeing 737 MAX 8 aircraft are shown parked at Victorville Airport in Victorville, California, U.S., March 26, 2019. REUTERS/Mike Blake/File PhotoCHICAGO: Southwest Airlines Co said on Friday it has applied for U.S. payroll grants but cannot disclose details as the next several days could involve conversations on the terms of any agreement.

In a statement, Southwest said its goal is to evaluate all possible sources of capital that will help protect its employees and the company's"healthy footing," with payroll support one option under consideration.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Southwest Airlines to apply for aid with US Treasury after demand cratersSouthwest Airlines Co said on Thursday it intends to file an application with the U.S. Treasury department for aid related to the disruption ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US airlines apply for US payroll grants for crisis helpU.S. airlines and contractors faced a deadline of 5 p.m. on Friday to tap the federal government for up to US$32 billion in payroll grants to help ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US airlines face deadline to apply for federal payroll grantsU.S. airlines and contractors faced a deadline of 5 p.m. on Friday to tap the federal government for up to US$32 billion in payroll grants to help ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

American Airlines slashes flights but has no plans to halt US serviceAmerican Airlines Co said on Thursday it is cutting additional flights this summer as travel demand has drastically shrunk amid the coronavirus ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

American Airlines applies for US payroll assistance grantsAmerican Airlines, the largest U.S. airline, confirmed Friday it has applied to the U.S. Treasury for a chunk of the US$25 billion payroll ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US crude oil futures up 4.8per cent, support at US$20MELBOURNE: U.S. crude oil futures opened 5per cent higher on Thursday, reversing Wednesday's losses, despite growing concerns about a looming ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »