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US Treasury receives $556.7 million from auction of airline warrants

UPDATE 1-US Treasury receives $556.7 million from auction of airline warrants Adds comment from Treasury on specific carriers, no comments from two airlines, details, paragraphs 4-5, 8-11 By David Shepardson WASHINGTON, June 21 (Reuters) - The U.S. Treasury Department said on Friday it received $556.7 million in proceeds from auctions to sell warrants in 11 major U.S.
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US Treasury receives $556.7 million from auction of airline warrants

US Treasury receives $556.7 million from auction of airline warrants By David Shepardson WASHINGTON, June 21 (Reuters) - The U.S. Treasury Department said Friday it received $556.7 million in proceeding from auctions to sell warrants in 11 major U.S. airlines the government received in exchange for COVID-19 assistance. Congress approved $54 billion in COVID-19 air carrier bailouts in 2020 and 2021. Airlines were required to repay $14 billion of that total and Treasury received warrants to purcha
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US FAA probes low-flying Southwest Airlines flight near Oklahoma City

UPDATE 1-US FAA probes low-flying Southwest Airlines flight near Oklahoma City Adds Southwest statement, background on other incidents, FAA comment, from 3rd paragraph onwards By David Shepardson WASHINGTON, June 20 (Reuters) - The Federal Aviation Administration (FAA) said on Thursday it is investigating a Southwest Airlines LUV.N flight that descended to a low altitude 9 miles (14.5 km) from the Oklahoma City airport.
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US FAA probes low-flying Southwest Airlines flight near Oklahoma City

UPDATE 1-US FAA probes low-flying Southwest Airlines flight near Oklahoma City Adds Southwest statement, background on other incidents, FAA comment, from 3rd paragraph onwards By David Shepardson WASHINGTON, June 20 (Reuters) - The Federal Aviation Administration (FAA) said on Thursday it is investigating a Southwest Airlines LUV.N flight that descended to a low altitude 9 miles (14.5 km) from the Oklahoma City airport.
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United Airlines- Expect 2024 July 4 Weekend To Be Busiest On Record With More Than 5Mln Passengers Expected To Fly United Between June 28 – July 8

BRIEF-United Airlines- Expect 2024 July 4 Weekend To Be Busiest On Record With More Than 5Mln Passengers Expected To Fly United Between June 28 – July 8 June 20 (Reuters) - United Airlines Holdings Inc UAL.O : UNITED AIRLINES - EXPECT 2024 JULY 4 WEEKEND TO BE BUSIEST ON RECORD WITH MORE THAN 5MLN PASSENGERS EXPECTED TO FLY UNITED BETWEEN JUNE 28
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