Airlines are getting details on massive grants from the federal government [MSN Money]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: MSN Money
U.S. Treasury Secretary Stev Mnuchin is holding calls with airline CEOs throughout the day and could announce details of a $ billion payroll grant package later this afternoon, people briefed on the matter told Reuters.© Reuters/Carlos BarriaU.S. Pridt Donald Trump said on Thursday that airlin could receive details this weekd about the terms of the package meant to offset the impact of the coronavirus outbreak this weekd.Under the $. trillion CARES Act, passger airlin are eligible for $5 billion in cash grants for payroll while cargo carriers can get $ billion and airport contractors like caterers and airplane cleaners $ billion.Reuters reported on Thursday that the six largt U.S. airlin -- American Airlin Group, United Airlin, Delta Air Lin, Southwt Airlin, JetBlue Airways and Alaska Airlin -- are expected to get around 90% of the $5 billion package.While some of the money will be "clean," Treasury could require compani to repay a portion at a low intert rate that could increase af
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JBLU
Earnings
- 10/28/25 - Beat
JBLU
Sec Filings
- 12/2/25 - Form 8-K
- 11/12/25 - Form 144
- 11/6/25 - Form 4
- JBLU's page on the SEC website