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First name: American Air carriers is certainly not easy to get a money benefit: the government will be needed to consider stocks in exchange for Coronavirus masks for sale

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medical face mask n95,local period on Drive 26, relating to “The Wall Street Diary” cited educated resources as stating that US Treasury Secretary Mu Nuqin said that as component of a $ 2 trillion economic rescue plan, the US authorities will acquire the stocks of the airline in exchange for a direct give to the air carriers billions of dollars.

coronavirus n95,He complete his plans at the last round of negotiations, when the flying assistance has become a major concentrate of the laws. Republicans refused to provide cash scholarships to the flight, earlier versions of the legislative plan to offer $ 50 billion in loans and loan guarantees to passenger airlines, to offer $ 8 billion in loans to freight flight companies, but will not really include immediate assistance.

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Mu Nuqin last week stated the stake could become component of the last aid applications.

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Coronavirus n95,It is definitely not really very clear what form this will take expenditure. US Treasury spokesman do not really immediately respond to demands for comment.

The United Expresses Surroundings Transport Association stated the direct payment of wage subsidy will help the airline continue to pay wages, “We still wish the federal government federal government to discharge these funds as shortly as possible, and to decrease the limit simply because considerably as feasible, to make certain that air carriers can make use of these funds to meet their demand to pay income. ” coronavirus face masks.

in the case of a razor-sharp decline in passengers, the airline offers announced the United Says will end up being significantly decreased provider in recent weeks, air carriers have got been attempting to seek credit lines by and to get new loans to improve liquidity.

United Expresses Senate edition of the legislation Wednesday night time by traveler airlines will provide $ 25 billion in loans and guarantees, the staying $ 25 billion to fulfill the requirements of the airline in the type of direct grants. Airlines got hoped to obtain direct grants, last week suggested a $ 50 billion help deal, half of which cash grants or loans to offer immediate financing needs of many airlines to avoid keep and spend cuts.

US sector and authorities officials said the Treasury may have leeway to make their expense in the form suitable for any particular carrier.

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