UPDATE 1-U.S. Treasury, airlines reach agreement in principle on payroll aid -sources [Reuters]
Delta Air Lines, Inc. (DAL)
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Source: Reuters
UPDATE 1-U.S. Treasury, airlines reach agreement in principle on payroll aid -sources (Adds industry details and background) By Tracy Rucinski and David Shepardson April 14 (Reuters) - The U.S. Treasury Department and passenger airlines have reached an agreement in principle on a $25 billion payroll support package meant to help airlines weather the economic impact of the coronavirus on travel demand, sources with knowledge of the matter said on Tuesday. Announcements on the agreement are expected later on Tuesday, they said. Under the terms laid out by Treasury officials last week, the government would receive repayment on 30% of the funds awarded to large carriers and warrants equal to 10% of the loan amount. The six largest U.S. airlines - American Airlines Group Inc , United Airlines Holdings Inc, Delta Air Lines Inc, Southwest Airlines Co, JetBlue Airways Corp and Alaska Airlines - are all expected to accept, the sources said. Based on wages and benefits paid in the second and th
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News
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- Delta initiates ground stop for Detroit Metro Airport flights [USA TODAY]USA TODAY
- Delta initiates ground stop for Detroit Metro Airport flights [USA TODAY]USA TODAY
- Ground stop issued for Delta flights at Detroit Metro Airport due to network outage [CBS News]CBS News
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