U.S. Treasury wants repayment from major airlines on 30 per cent of grant money [Toronto Globe and Mail (Ontario, Canada)]
United Airlines Holdings, Inc. (UAL)
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Source: Toronto Globe and Mail
U.S. Treasury wants repayment from major airlines on 30 per cent of grant money In this March 25, 2020, file photo, American and United Airlines jets are temporarily stored west of the terminals at Sky Harbor International Airport in Phoenix. Matt York/The Associated Press In this March 25, 2020, file photo, American and United Airlines jets are temporarily stored west of the terminals at Sky Harbor International Airport in Phoenix. U.S. Treasury Secretary Steven Mnuchin told major airlines on Friday he wants them to repay some of the $25 billion in cash grants the U.S. Congress approved last month to cover payroll costs as airlines weather an unprecedented crisis due to the coronavirus, three industry officials briefed on the matter told Reuters. The Treasury said in a statement Mnuchin will not require passenger air carriers that will receive $100 million in payroll assistance or less to provide compensation and “funds will be available promptly upon approval of their application
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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