The Treasury Department sends $2.9 billion in aid to two large airlines and 54 smaller passenger carriers
WASHINGTON—The U.S. Treasury Department sent $2.9 billion in aid to airlines Monday, the first payments the government has made as part of a grant and loan program to help the industry weather disruptions caused by the coronavirus pandemic.
The Treasury said it sent the payments to two large airlines and 54 smaller passenger carriers, and would continue to disburse funds on a rolling basis. It didn’t identify the airlines.
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