{"id":100865,"date":"2020-09-30T12:21:46","date_gmt":"2020-09-30T12:21:46","guid":{"rendered":"https:\/?p=100865"},"modified":"2020-09-30T12:21:50","modified_gmt":"2020-09-30T12:21:50","slug":"u-s-government-agrees-to-new-loans-to-7-airlines","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2020\/09\/u-s-government-agrees-to-new-loans-to-7-airlines.html","title":{"rendered":"U.S. Government agrees to new loans to 7 airlines."},"content":{"rendered":"\n<p>The U.S. Treasury said Tuesday it had closed a deal to provide loans to seven major airlines in the country hit hard by the coronavirus pandemic, <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-usa-airlines\/u-s-treasury-says-it-has-closed-loans-to-seven-major-airlines-idUSKBN26L02X\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Reuters <\/a>reported.<\/p>\n\n\n\n<p><strong>See also: <\/strong><a href=\"https:\/en\/2020\/09\/united-airlines-pilots-accept-agreement-to-avoid-layoffs.html\">United Airlines pilots accept agreement to avoid layoffs.<\/a><\/p>\n\n\n\n<p>The Treasury said in a statement that the seven airlines were Alaska Airlines, American Airlines, Frontier Airlines, JetBlue Airways Corp , Hawaiian Airlines, SkyWest Airlines and United Airlines.<\/p>\n\n\n\n<p>The airlines and unions were pushing Congress hard before Wednesday&#8217;s deadline for a new $25 billion bailout to keep workers on the payroll for another six months.<\/p>\n\n\n\n<p><strong>See also:<\/strong> <a href=\"https:\/en\/2020\/09\/iata-lowers-its-forecast-for-2020-after-a-disastrous-summer.html\">IATA lowers its forecast for 2020 after a disastrous summer.<\/a><\/p>\n\n\n\n<p>U.S. airlines received $25 billion in March under the CARES Act, mostly in the form of grants to keep employees on the payroll through September and avoid layoffs.<\/p>\n\n\n\n<p>Treasury Secretary Steven Mnuchin urged Congress on Tuesday to extend the payroll assistance program &#8220;so we can continue to support workers in the aviation industry as our economy reopens and we continue on the road to recovery.<\/p>\n\n\n\n<p>The Treasury said it expects &#8220;initial loan amounts to increase as a result of some major airlines determining not to go forward with loans&#8221; and could increase to $7.5 billion per airline.<\/p>\n\n\n\n<p>Airlines have also turned to the capital markets to bolster liquidity, but passenger traffic continues to decline by 68 percent from pre-pandemic levels.<\/p>\n\n\n\n<amp-auto-ads type=\"adsense\"\n        data-ad-client=\"ca-pub-6613542170464175\">\n<\/amp-auto-ads>\n","protected":false},"excerpt":{"rendered":"The U.S. Treasury said Tuesday it had closed a deal to provide loans to seven major airlines in&hellip;\n","protected":false},"author":1,"featured_media":100178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","footnotes":""},"categories":[1],"tags":[197,221],"class_list":{"0":"post-100865","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-airlines","8":"tag-airlines","9":"tag-usa"},"uagb_featured_image_src":{"full":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",800,400,false],"thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines-150x150.jpg",150,150,true],"medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines-300x150.jpg",300,150,true],"medium_large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines-768x384.jpg",768,384,true],"large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",800,400,false],"1536x1536":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",800,400,false],"2048x2048":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",800,400,false],"pk-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",80,40,false],"pk-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",300,150,false],"csco-small":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines-80x80.jpg",80,80,true],"csco-intermediate":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines-200x140.jpg",200,140,true],"csco-thumbnail":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines-380x220.jpg",380,220,true],"csco-thumbnail-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines-300x180.jpg",300,180,true],"csco-thumbnail-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines-380x190.jpg",380,190,true],"csco-medium":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",800,400,false],"csco-medium-alternative":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines-560x336.jpg",560,336,true],"csco-medium-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",800,400,false],"csco-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",800,400,false],"csco-large-uncropped":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",800,400,false],"csco-extra-large":["https:\/\/aviacionaldia.com\/wp-content\/uploads\/2020\/06\/Delta-United-Airlines.jpg",800,400,false]},"uagb_author_info":{"display_name":"Aviaci\u00f3n al D\u00eda","author_link":"https:\/\/aviacionaldia.com\/en\/author\/admin"},"uagb_comment_info":0,"uagb_excerpt":"The U.S. Treasury said Tuesday it had closed a deal to provide loans to seven major airlines in&hellip;","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/100865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/comments?post=100865"}],"version-history":[{"count":1,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/100865\/revisions"}],"predecessor-version":[{"id":100866,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/100865\/revisions\/100866"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media\/100178"}],"wp:attachment":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media?parent=100865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/categories?post=100865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/tags?post=100865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}