Some U.S. airlines nearing acceptance of payroll aid plan: sources [Reuters]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Reuters
Some U.S. airlines nearing acceptance of payroll aid plan -sources (Reuters) - Some large U.S. passenger airlines are close to accepting the terms of a $25 billion offer for government coronavirus payroll aid, with announcements possible as early as Tuesday, people briefed on the matter said. Brent McIntosh, the Treasury undersecretary for international affairs, told Reuters on Monday the agency was not planning to change the terms laid out on Friday, which require 30% of the funds allotted to each airline to be repaid. The U.S. government would also receive warrants equal to 10% of the loan amount. “We’ve attempted to come up with an equitable methodology that works for all passenger air carriers, and we don’t want to engage in individual negotiations that would require us to make changes across the carriers,” he said. Based on wages and benefits in the second and third quarters of 2019, American Airles Group Inc ( AAL.O ) and United Airlines Holdings Inc ( UAL.O ) were each elig
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DAL
News
- Ground stop issued for Delta flights at Detroit Metro Airport due to network outage [CBS News]CBS News
- A New York to Scotland flight got all the way across the Atlantic before an air traffic control problem forced a diversion to Ireland [Business Insider]Business Insider
- Delta Says Profit Will Take a Hit from Government Shutdown. Why the Stock Is Gaining. [Yahoo! Finance]Yahoo! Finance
- Buy Airline Stocks or the JETS ETF Amid Record Holiday Travel? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Delta Air Lines Reports $200 Million Loss from Record Government Shutdown as Industry Faces Unprecedented Disruption [Yahoo! Finance]Yahoo! Finance
DAL
Earnings
- 10/9/25 - Beat
DAL
Sec Filings
- 12/3/25 - Form 8-K
- 11/14/25 - Form 13F-HR
- 10/23/25 - Form 4
- DAL's page on the SEC website