Treasury wants airlines to say how they will pay back loans

Treasury wants airlines to say how they will pay back loans

Seattle Times

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DALLAS (AP) — The Treasury Department wants airlines to say how they will compensate the government for $25 billion in grants used to keep employees on the payroll during the coronavirus outbreak. The economic-relief bill passed last week gives the Treasury Secretary the power to take an equity stake in airlines that get taxpayer help. […]

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