American Airlines says could seek larger Treasury loan, defer 737 MAX deliveries
American Airlines could seek a larger loan from the US Treasury Department, its CFO said on Wednesday, noting that some peers may not use their portion of $25b in loans set aside for airlines under the CARES Act. Southwest has already announced that they are not taking the government loan, CFO Derek Kerr said, noting that the company is also in talks with Boeing to potentially defer the delivery of 18 737 MAX jets.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-09-10/oneworld/american-airlines-says-could-seek-larger-treasury-loan-defer-737-max-deliveries
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American Airlines says could seek larger Treasury loan, defer 737 MAX deliveries
American Airlines could seek a larger loan from the US Treasury Department, its CFO said on Wednesday, noting that some peers may not use their portion of $25b in loans set aside for airlines under the CARES Act. Southwest has already announced that they are not taking the government loan, CFO Derek Kerr said, noting that the company is also in talks with Boeing to potentially defer the delivery of 18 737 MAX jets.<br/>