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Friday, April 26, 2024

Delta and Southwest decline money from the federal government

Credit: KTNV Channel 13 Las Vegas
Duration: 00:27s 0 shares 5 views

Delta and Southwest decline money from the federal government
Delta and Southwest decline money from the federal government

Seven airlines are getting more money from the federal government.

That's because both Delta and Southwest are not taking their part of the 25 billion dollar loan.

The two airlines say they've been able to arrange financing in the private market instead.

SOUTHWEST ARE NOT TAKING THEIRPART OF THE -25- BILLION DOLLARLOAN.THE TWO AIRLINES SAY - THEY'VEBEEN ABLE TO ARRANGE FINANCINGIN THE PRIVATE MARKET INSTEAD.NOW - ALASKA, AMERICAN,FRONTIER, JET BLUE, HAWAIIAN,SKY WEST AND UNITED AIRLINESWILL GET MORE MONEY.TENS OF THOUSANDS OF AIRLINEEMPLOYEES ARE EXPECTED TO BEFURLOUGHED STARTING TOMORROW -WHEN GOVERNMENT PAYROLL SUPPORTFOR CARRIERS ENDS.WORKERS-V

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