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-0.0022614201718678 -0.000904568068747154 -0.0094979647218452 0.00180913613749447 -0.0619629127091813 -0.0728177295341474 -0.0886476707372229 -0.0922659430122116
Stock impact report

UPDATE 3-Delta, other airlines apply for U.S. payroll grants for crisis help [Reuters]

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
Company Research Source: Reuters
U.S. airlines face deadline to apply for federal payroll grants CHICAGO/WASHINGTON (Reuters) - U.S. passenger and cargo carriers and airport contractors faced a deadline of 5 p.m. EDT (2100 GMT) on Friday to tap the federal government for up to $32 billion in payroll grants to keep workers employed while they ride out the economic toll of the coronavirus on their business. The funds are part of a $2.3 trillion coronavirus relief package approved last week which included a special carve-out for the badly bruised air industry. Passenger airlines are weathering a dramatic drop in travel demand, while cargo carriers are suffering from disruption to global supply chains and high-margin business-to-business demand, even as ground-package delivery services increase. The U.S. Treasury set the Friday deadline for the airline sector to receive funds as soon as possible. In their applications, the airlines must propose financial instruments such as warrants or equity options to compensate taxpay Show less Read more
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