US Treasury says loan deal reached with seven US airlines amid crisis 30 September 2020 - 03:37

The US Treasury on Tuesday announced it had reached a deal with seven major US airlines including American and United to offer them loans in a bid to stave off job cuts amid the coronavirus crisis.But the Treasury statement does not say if these agreements are going to be enough to allow those two airlines to cancel recently announced plans to proceed with job cuts.Delta and Southwest are not part of the agreements, having already said they would not participate. The other airlines are Alaska Airlines, Frontier Airlines, JetBlue, Hawaiian Airlines and SkyWest Airlines.

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