While some of the money will be “clean,” Treasury could require companies to repay a portion at a low interest rate that could increase after five years, according to sources.
American Airlines is the most indebted of the top six carriers and could face the toughest terms, the sources said.
Good. Tell Frontier to give me my money back.
mcuban they heard you
BangBang
So basically 10% of the 30%, i.e. 1 billion = 700 million grant, 300 million low interst loan and they pledge 30 million in stock as collateral they will sell the treasury. You get $1200.00
Only 30%?
Only 30%. Can I be forgiven 70% of mortgage now too?
Boom
jonostrower So luggage fees will go up?
Well, looks like there will be more leg room and fewer sardine cans.
Planes in the air at 4:26 PM central:
They should have planned ahead, just like they say to the poor.
This is B.S. Those greedy bastards deserve bugger all....
Let them declare bankruptcy and reorganize. This only helps unsecured creditors and Wall Street
So now..... United.... Can I please have my money back Please? 😭😭
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