Airlines Are Being Bailed Out Again, Here’s What Economists Think Will Happen Next [Forbes]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: Forbes
ASSOCIATED PRESSOn Tuesday, ten airlines told the Treasury Department they would take funds from a $25 billion bailout as the industry faces the looming threat of bankruptcy amid global travel limitations due to the coronavirus pandemic. That bailout is sparking an inevitable debate about moral hazard—when a business engages in riskier behavior because it’s protected from the consequences—and the future of the airline industry.The CARES Act, a $2 trillion federal stimulus package designed to keep the U.S. economy from sinking into a deep recession includes roughly $25 billion for airlines. After some back and forth about the terms of agreement American AirlinesAALLUVagreed to take the money on the following conditions: Airlines will keep at least 90% of workers employed through September, they will return one-third of the funds they receive, suspend stock buybacks and dividends, and limit executive pay. The concessions are greater than some airlines were hoping to make, but the indust
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News
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UAL
Earnings
- 10/15/25 - Beat
UAL
Sec Filings
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- 1/5/26 - Form 4
- UAL's page on the SEC website