UPDATE 2-U.S. airlines receive extra $9.5 bln in payroll support - U.S. Treasury [Reuters]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Reuters
U.S. airlines receive extra $9.5 billion in payroll support: U.S. Treasury WASHINGTON (Reuters) - The U.S. Treasury Department said on Saturday it has released $9.5 billion in additional funds from the Payroll Support Program to U.S. air carriers, bringing to $12.4 billion the total provided to the airline sector hit hard by the coronavirus pandemic. In total, the government has disbursed grant funds to 10 major airlines and 83 smaller carriers. Congress approved $25 billion in grants for payroll assistance for passenger airlines. Treasury required major airlines receiving more than $100 million in assistance to repay 30% in low-interest loans over 10 years and issue warrants equal to 10% of the loan amount. Airlines must not cut pay or jobs through Sept. 30 as a condition of the grants and are barred from buying back stock or paying dividends and face restrictions on executive compensation. SkyWest Inc ( SKYW.O ) Chief Executive Chip Childs told employees on Friday the airline expe
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- 'Fire him': Elon Musk and the billionaire CEO of Europe's biggest airline trade insults over Starlink [Yahoo! Finance]Yahoo! Finance
- ChatGPT Thinks Delta Air Lines Stock Will Close At This Price In The Next 60 Days [Yahoo! Finance]Yahoo! Finance
- Global In-Flight Catering Services Market to Worth Over US$ 30.23 Billion by 2033 | Astute Analytica [Yahoo! Finance Canada]Yahoo! Finance Canada
- Delta Air Lines (NYSE:DAL) had its price target raised by analysts at Evercore ISI from $75.00 to $85.00. They now have an "outperform" rating on the stock.MarketBeat
- Delta Air Lines (NYSE:DAL) had its price target raised by analysts at Seaport Global Securities from $80.00 to $89.00. They now have a "buy" rating on the stock.MarketBeat
DAL
Earnings
- 1/13/26 - Miss
DAL
Sec Filings
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- 1/16/26 - Form 4
- DAL's page on the SEC website