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The US Treasury investigates on loans to airlines
Washington, USA - Out of USD 10bn, only 1.5 have been paid out
The US Treasury has started an inquiry on the Air Transportation Stabilization Board, a commission created after 11 September 2001 to support American carriers economically. The commission seems to have been too thrifty in granting loans: out of USD 10bn made available to air companies - as many as 16 had requested a loan - only 1.5 have been granted; 900 million have been given to US Airways and 445...
AVIONEWS - World Aeronautical Press Agency - 60530
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency