Mnuchin Airline Plan Has Big Firms Repaying Virus Aid Grants [Yahoo! Finance News]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: Yahoo! Finance News
) -- The Trump administration wants the 12 largest U.S. airlines to repay a portion of the federal grants they receive to cover their payrolls during the coronavirus crisis.The large carriers, some of which are set to receive billions of dollars each in payroll assistance, are being offered aid packages that would require them to repay 30% of the grants through low-interest loans due within five years, two people familiar with the offers said.Treasury Secretary Steven Mnuchin began making calls to airlines to outline the terms on Friday, after a flurry of lobbying to speed the process of disbursing money from the $2 trillion virus aid legislation finalized on March 27. The people asked not to be named to discuss the offers that haven’t been made public.Airlines receiving $100 million or less in payroll assistance from the government won’t need to provide a financial stake or pay compensation, the Treasury Department said Friday evening as it began sending offers to the beleaguered car
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News
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- United Airlines (NASDAQ:UAL) is now covered by analysts at Citigroup Inc.. They set a "buy" rating on the stock.MarketBeat
- Trump says he plans to rebuild Dulles airport into ‘something really spectacular' [FOX Business Network]FOX Business Network
UAL
Earnings
- 10/15/25 - Beat
UAL
Sec Filings
- 12/3/25 - Form 4
- 12/3/25 - Form 144
- 10/16/25 - Form 10-Q
- UAL's page on the SEC website