The $2 trillion stimulus package passed last month included everything airlines requested, and some restrictions they find difficult to swallow.
The aid offer includes $50 billion, half in direct payroll assistance and half in loans and loan guarantees. But the $25 billion to pay salaries and benefits this summer comes with more strings than the largest airlines were hoping for. Treasury Secretary Steven Mnuchin told chief executives of the largest airlines Friday that 30% of that money is to be repaid and that they will need…
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