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Stock impact report

Treasury hands out $2.9 billion to airlines; more to come [MSN Money]

Alaska Air Group, Inc. (ALK) 
Last alaska air group, inc. earnings: 1/28 04:01 pm Check Earnings Report
US:NYSE Investor Relations: investor.alaskaair.com/investors
Company Research Source: MSN Money
(Bloomberg) -- The U.S. Treasury Departmt disbursed $.9 billion to passger airlin in the first round of payroll assistance to an industry suffering financially from a pandemic-induced shutdown.© BloombergThe assistance that has be handed out so far wt to two “major” airlin and 54 smaller passger carriers, the departmt said in a statemt late Monday. More paymts will be st out on a rolling basis, it said.Load ErrorThe Treasury Departmt didn’t say which carriers received the money yet. However, it said American Airlin Group Inc., Delta Air Lin Inc., Southwt Airlin Co. and United Airlin Holdings Inc., have struck agreemts for aid.More: U.S. Se Airline Loyalty Assets as Possible CollateralThe Treasury also announced that Allegiant Air Inc. and Spirit Airlin Inc. have also reached a deal for payroll assistance.Five others have said they plan to participate: Alaska Air Group Inc., Frontier Airlin, Hawaiian Airlin, JetBlue Airways, and SkyWt.Separately, Southwt Airlin announced that it finali Show less Read more
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