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Tag: U.S. Department of the Treasury

American Airlines To Receive $5.8 Billion in Payroll Support From U.S. Department of the Treasury

American to receive $4.1 billion in direct support, $1.7 billion in low-interest loan American Airlines Group Inc. (NASDAQ: AAL) announced today that the U.S. Department of the Treasury has approved $5.8 billion in financial assistance from the Payroll Support Program (PSP) created through the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The funds, which… Read More ›

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