United States of America: The U.S. Treasury makes a loan of $2 billion to American Airlines through the CARES Act loan program (COVID-19)

Announcement

21 Oct 2020

The U.S. Treasury agreed to make an additional loan of USD 2 billion to American Airlines within the scope of the CARES Act.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Oct 2020

Revocation date:

No revocation date

Updated: 21 Oct 2020

State loan In force

On 28 October 2020, the U.S. Department of the Treasury approved a loan to American Airlines Inc. having a total value of USD 2 billion. The loan was granted under the Coronavirus Aid, Relief and Econ...

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