Small Airlines Exempted From Equity Demand as Aid Offers Go Out [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
) -- Airlines receiving $100 million or less in payroll assistance from the U.S. government won’t need to provide a financial stake in exchange, the Treasury Department said as it began sending offers to the beleaguered carriers.“This determination will provide significant support to workers and businesses across the country, while also appropriately compensating taxpayers,” Treasury Secretary Steven Mnuchin said in a statement on Friday evening.The agency said it had received 230 applications for aid from passenger carriers. It is working with 12 that would get more than $100 million and is discussing what sort of financial instruments it will require in return.Democrats in Congress have complained about the requirement, saying it was intended for recipients of loans -- not the payroll grants that are intended to keep workers employed.The decision by the Treasury is a victory for many small and niche airlines. Because few of them are publicly traded or have significant assets, they h
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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