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  • The Trump administration and a group of major airlines have agreed on a $25 billion bailout.

    04/14/2020 2:48:58 PM PDT · by FewsOrange · 24 replies
    The New York Times ^ | April 14th | NYT
    The Trump administration has reached an agreement in principle with major airline companies over the terms of a $25 billion bailout to prop up an industry that has been hobbled by the coronavirus pandemic. The Treasury Department said that Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Frontier Airlines, Hawaiian Airlines, JetBlue Airways, United Airlines, SkyWest Airlines and Southwest Airlines will be participating in the payroll support program, which was created as part of the economic stabilization package that Congress passed last month. “We welcome the news that a number of major airlines intend to participate in the Payroll...