US airlines and government reach agreement on coronavirus aid – The National

US airlines and government reach agreement on coronavirus aid – The National

US airlines and government reach agreement on coronavirus aid. Ten American carriers have applied for parts of $25bn in payroll grants. Ten US airlines reached an agreement with the government to accept financial support from $58 billion (Dh213bn) allocated for carriers out of the $2.2 trillion coronavirus stimulus approved last month, according to the Treasury Department.. The airlines which include Alaska Airlines, Allegiant Air, American Airlines, Delta Air Lines, Frontier Airlines, Hawaiian Airlines, JetBlue Airways, United Airlines, SkyWest Airlines and Southwest Airlines applied for parts of $25bn in payroll grants.. Airlines worldwide are fighting a severe cash shortage as the pandemic triggers country lockdowns and crushes air travel demand.. Mr Mnuchin said other airlines may join the program, and the department is reviewing applications for smaller passenger air carriers.. "Treasury is also working to review and approve applications for smaller passenger air carriers as quickly as possible and will provide further guidance for cargo carriers and contractors very soon," he added.. "We look forward to working with the airlines to finalise the necessary agreements and disburse funds as quickly as possible.".