Sources: Treasury wants warrants, repayment from major U.S. airlines on 30% of grant money [MSN Money]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: MSN Money
WASHINGTON/CHICAGO, April 0 (Reuters) - U.S. Treasury Secretary Stev Mnuchin told major airlin on Friday he wants them to repay some of the $5 billion in cash grants the U.S. Congrs approved last month to cover payroll costs as airlin weather an unprecedted crisis due to the coronavirus, three industry officials briefed on the matter told Reuters.© Reuters/Carlos BarriaThe Treasury said in a statemt Mnuchin will not require passger air carriers that will receive $00 million in payroll assistance or ls to provide compsation and "funds will be available promptly upon approval of their applications."Load ErrorReuters first reported earlier on Friday that Treasury would not seek warrants from smaller regional carriers, which had urged the governmt not to demand compsation.Mnuchin spoke with the chief executiv of major airlin in separate calls on Friday and told them the departmt was offering 70% of the aid in grants that would not need to be repaid, and 0% in low-intert loans for which th
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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