Back to Squawk list
  • 21

Crippled US Airline Industry to Get $25 Billion Bailout, Part of It as Loans

提交時間:
 
The Trump administration has reached an agreement in principle with major airlines over the terms of a $25 billion bailout to prop up an industry hobbled by the coronavirus pandemic. The Treasury Department said that Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Frontier Airlines, Hawaiian Airlines, JetBlue Airways, United Airlines, SkyWest Airlines and Southwest Airlines would participate. (www.nytimes.com) 更多...

Sort type: [Top] [Newest]


watkinssusan
mary susan watkins 1
these are "loans" to the airline industry and will be paid back..i do not however understand the inclusion of stocks in this loan procedure..that sound illegal coming from the government,as airlines are supposed to be private corporations..
bidrec
Richard Haas 1
It looks like the stock part of the agreement is so that the taxpayer can benefit from any windfall that the airlines experience following this emergency. Treasury is not getting airline stock it is getting warrants to buy stock. So, in the case of Delta Treasury is getting a warrant to buy Delta at 24.39 a share. Right now 4/17/2020 Delta is 24.02 a share. In other words the warrant is worthless. If someone truly thinks that the treasury is getting a good deal they can buy Delta today for 37 cents less then the Treasury.

As far as them being private corporations Treasury is effectively routing money through them to their employees this way instead of paying unemployment insurance to them. It is a wash.

And a substantial amount of Skywest income is EAS supplementation from the federal government so...

登入

還沒有帳戶嗎? 現在就註冊(免費),設置諸多客制化功能、航班提醒等等!
本網站使用cookie。您使用並繼續瀏覽本網站,即表示您接受這一點。
退出
您知道FlightAware航班跟蹤是由廣告支持嗎?
通過允許展示來自FlightAware.com的廣告,您可以幫助我們使FlightAware保持免費。我們努力使我們的廣告保持相關性,同時不顯突兀,以創造一流的體驗。在FlightAware上將廣告加入白名單快速而簡單,或者請您考慮選擇我們的高級帳戶.
退出