Treasury IG to audit airline compliance with CARES Act loans, amid COVID vaccine layoffs [FOX Business Network]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: FOX Business Network
United Airlines said nearly 600 U.S.-based employees faced termination after failing to comply with the carrier's vaccination policy. FOX Business' Grady Trimble with more. EXCLUSIVE: The Treasury Department inspector general is planning to conduct an audit on whether major airline companies are in compliance with the terms of their federal government loans under the CARES Act, amid layoffs of employees due to coronavirus vaccine mandates. Earlier this month, Republican Sen. Josh Hawley, R-Mo., wrote a letter to the Treasury Department inspector general, calling for a "complete investigation" after reports that United Airlines said it would terminate approximately 600 employees for refusing to comply with its vaccine mandate. Hawley also demanded a review of whether the airlines firing workers for non-compliance with vaccine mandates "violated the terms of their loans." BLACKBURN BILL WOULD EXEMPT ESSENTIAL WORKERS FROM FIRING FOR DEFYING COVID VACCINE MANDATES FOX Business,
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UAL
Earnings
- 4/16/24 - Beat
UAL
Sec Filings
- 4/23/24 - Form DEFR14A
- 4/23/24 - Form 8-K
- 4/23/24 - Form 8-A12B/A
- UAL's page on the SEC website