United States of America: The U.S. Treasury makes a loan of $2.3 billion to United Airlines through the CARES Act loan program (COVID-19)

Announcement

08 Dec 2020

The U.S. Treasury agreed to make an additional loan of USD 2.3 billion to United 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

08 Dec 2020

Revocation date:

No revocation date

Updated: 08 Dec 2020

State loan In force

On 28 October 2020, the U.S. Department of the Treasury approved a loan to United Airlines Inc. having a total value of USD 2.321 billion. The loan was granted under the Coronavirus Aid, Relief and...

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