U.S. airlines nearing acceptance of payroll aid plan: sources

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United Airlines (UAL) to Receive $5B Through Payroll Support Program Under CARES Act

April 15, 2020 4:15 PM EDT

United Airlines (NYSE: UAL) confirmed the airline expects to receive a total of approximately $5.0 billion from the federal government through the Payroll Support Program under the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Of the $5.0 billion total the airline expects to receive, approximately $3.5 billion will be a direct grant and... More

Southwest Airlines (LUV) Cutting Another 550-650 Flights/Day as of Today, Added Cancellations Run Now Through Early June - Bloomberg

April 14, 2020 2:50 PM EDT

Southwest Airlines (NYSE: LUV) Cutting Another 550-650 Flights/Day as of Today, Added Cancellations Run Now Through Early June - Bloomberg

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