Category: 2.9$ Billion in Airline

U.S. Treasury releases $2.9 billion in airline support, finalizes payroll agreements

By Administrator_India Capital Sands The U.S. Treasury Department said on Monday it had disbursed $2.9 billion in initial payroll assistance to 54 smaller passenger carriers and two major passenger airlines, while it finalized grant agreements with six major airlines. The Treasury is initially giving major airlines 50% of funds awarded and releasing the rest in a series of payments. In […]