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0.00211864406779664 0.00254237288135588 0.00169491525423725 0.00169491525423725 0.00169491525423725 0.00169491525423725 0.00169491525423725 0.00169491525423725
Stock impact report

Risk-Takers Have a Reasonable Shot With American Airlines Stock [Yahoo! Finance News]

Delta Air Lines, Inc. (DAL) 
Last delta air lines, inc. earnings: 4/22 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.delta.com
The airlines are high-risk stocks here with passenger traffic down over 95% and American Airlines AALBig Government GrantOn April 14, the airline sector and the U.S. Treasury Department agreed to a deal on the Payroll Support Program part of the CARES act providing $25 billion worth of aid to the passenger air transport sector. With the largest employee base, American Airlines obtained the largest deal at $5.8 billion. The airline had pre-virus monthly payroll expenses of $1.2 billion.As shareholders, the deal was disappointing in that 30% of the “grant” was via a $1.7 billion low-interest loan. Only $4.1 billion of the grant is free money, if the airline doesn’t lay off employees prior to October 1 along with agreeing to restrictions on executive compensation and the elimination of capital returns.The deal wasn’t the best outcome for shareholders, but the move eliminates the dire outcomes. The airline is now able to remain ready for an eventual rebound in air travel with only a 3% hi Show less Read more
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