Exclusive: U.S. Treasury wants details on airline debt, liquidity, loyalty programs - sources [Reuters]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: Reuters
Exclusive: U.S. Treasury wants details on airline debt, liquidity, loyalty programs - sources CHICAGO/WASHINGTON (Reuters) - U.S. Treasury officials have asked airlines seeking government payroll support to provide additional detailed information on capital structure, liquidity and loyalty programs, people briefed on the matter told Reuters. Airlines’ daily cash burn rates, when they expect to run out of cash and their best estimates for projected wages and benefits between April 1 and Sept. 30 are among details Treasury has requested as it reviews applications for government aid, they said. Treasury has also requested information on the value and historical cash flow of airlines’ loyalty programs, as well as an overview of all unencumbered assets such as aircraft, engines and spare parts. On Friday, U.S. airlines applied for a share of $25 billion in cash under a government relief package to help cover payroll and avoid layoffs until Sept. 30. Airlines had hoped the money could arriv
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JBLU
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JBLU
Earnings
- 1/27/26 - Miss
JBLU
Sec Filings
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- 2/23/26 - Form 4
- JBLU's page on the SEC website