Trump says airlines could receive grant details this weekend; sources say around 275 applied [Reuters]
American Airlines Group, Inc. (AAL)
Last american airlines group, inc. earnings: 4/30 07:30 am
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Source: Reuters
U.S. Treasury chief to brief Trump on aviation aid review WASHINGTON/CHICAGO (Reuters) - U.S. Treasury Secretary Steve Mnuchin was due to brief President Donald Trump at the White House on Thursday about the government’s review of requests for $32 billion in grants from passenger airlines, cargo carriers and airport contractors. “We hope to get to a lot of the airlines starting tomorrow and over the weekend with preliminary information. And it is our objective to make sure, as I’ve said, this is not a bailout, but that airlines have the liquidity to keep their workers in place. So that’s the next big thing we’ll be rolling out,” Mnuchin said in an interview with CNBC. Also expected to attend the evening meeting with Trump were White House economic adviser Larry Kudlow and Transportation Secretary Elaine Chao. Passenger airlines are eligible for $25 billion in cash grants for payroll; cargo carriers can get $4 billion while airport contractors like caterers and airplane cleaners are el
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News
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AAL
Earnings
- 10/24/24 - Beat
AAL
Sec Filings
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- 12/13/24 - Form 4
- AAL's page on the SEC website