Yahoo News - Latest News & Headlines, Airlines and Trump administration haggle over payroll grantsLatest Yahoo News & Headlines

The Trump administration is proposing that a significant amount of the $25 billion in cash that airlines expected to keep workers on the job will instead be low-interest loans that big airlines will have to repay, according to two people familiar with the matter. The Treasury Department began sending proposals for aid to airlines on Friday. American Airlines and United Airlines confirmed receiving responses to their applications for grants.

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Yahoo News - Latest News & Headlines

The Trump administration is proposing that a significant amount of the $25 billion in cash that airlines expected to keep workers on the job will instead be low-interest loans that big airlines will have to repay, according to two people familiar with the matter. The Treasury Department began sending proposals for aid to airlines on Friday. American Airlines and United Airlines confirmed receiving responses to their applications for grants.