American, Four Other Carriers To Get Loans From The Latest Federal Coronavirus Fund

Curt Lewis
July 03, 2020 - 10:26 am
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    (Fort Worth, TX)  --  American Airlines is one of five carriers who have reached a deal with the feds for billions more in federal loans.

    The US Treasury Department confirms signed letters-of-intent with American, Frontier, Hawaiian, SkyWest, and Spirit Airlines.

    The five are the first air carriers to accept loans from a $25 billion fund set aside by Congress under the latest Coronavirus relief measure.  

    The entire airline industry is battling for survival following the spiral in air travel caused by Coronavirus fears.