United States of America: Frontier Airlines secures $574 million loan from the U.S. Treasury (COVID-19)

Announcement

28 Sep 2020

The U.S. Treasury agreed to make a loan of up to USD 574 million to Frontier Airlines Inc. pursuant to the Coronavirus Aid, Relief, and Economic Security Act (CARES).

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

28 Sep 2020

Revocation date:

No revocation date

Updated: 28 Sep 2020

State loan In force

On 28 September 2020, the U.S. Department of the Treasury agreed to extend a loan to the air carrier Frontier Airlines Inc. to provide liquidity to the company related to the losses incurred as a r...

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United States of America: Subsidies and other trade-related provisions in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

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