Major U.S. airlines accept government aid for payrolls; American and Alaska also seeking loans
Based on wages and benefits paid in the second and third quarters of 2019, American and United were each eligible for about $6 billion, Delta about $5.6 billion, Southwest about $4 billion, and JetBlue and Alaska roughly $1.2 billion each.
The statute gave Treasury the authority to demand compensation for the grants, but did not require it. According to the terms, companies receiving funds cannot lay off employees before Sept. 30 or change collective bargaining agreements.
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