Democrats press U.S. Treasury to move quickly on $32 billion aviation grants [Yahoo! Finance News]
American Airlines Group, Inc. (AAL)
Last american airlines group, inc. earnings: 4/30 07:30 am
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Source: Yahoo! Finance News
By David ShepardsonWASHINGTON, April 5 Reuters) - Top Democrats in Congress on Sunday urged the U.S. Treasury not to set "unreasonable conditions" in awarding $32 billion in cash assistance to airlines and airport contractors and warned that they could be forced to file for bankruptcy if the requirements are too onerous.Airline unions have raised concerns that Treasury Secretary Steven Mnuchin will demand too much in equity, warrants or other financial instruments in exchange for the government assistance meant to cover some payroll costs approved by Congress last month.In a letter Sunday, House Speaker Nancy Pelosi, Senate Democratic Leader Chuck Schumer, House Transportation Committee chairman Peter DeFazio and Senator Sherrod Brown urged Treasury "to quickly and fairly enter in to direct payroll assistance agreements."Some officials have raised concerns that if Treasury demands too much, airlines could opt to file for bankruptcy instead.The lawmakers' letter said the goal was to pr
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AAL
News
- FAA meeting with Pentagon officials as agency considers new restrictions on military helicopter flights near DCA [CNN]CNN
- Major airline holding flights to accommodate flyers with connections [FOX News]FOX News
- Major airline holding flights to accommodate flyers with connections [FOX News]FOX News
- Hotline between military and air traffic controllers in D.C. hasn't worked for over 3 years [MSNBC.com]MSNBC.com
- Military and civilian air traffic controllers in Washington have a hotline. It hasn't worked for over 3 years [Fortune]Fortune
AAL
Earnings
- 4/24/25 - Beat
AAL
Sec Filings
- 5/5/25 - Form 4
- 5/5/25 - Form 4
- 5/5/25 - Form 4
- AAL's page on the SEC website