Alaska Air signs on for payroll assistance as part of $25B airline bailout – GeekWire

Alaska Airways is between 10 passenger air carriers that prepare to participate in the Treasury Department’s coronavirus payroll assist program. (Alaska Airways Picture) Seattle-centered Alaska Airways and 9 other air carriers prepare to participate in a $25 billion payroll guidance program which is part of the coronavirus reduction deal signed into regulation previous month, Treasury […]

Boeing and airline stocks soar higher, thanks to billions in promised aid – GeekWire

Boeing’s 777X jet takes off for its initially flight in January. (GeekWire Photo / Alan Boyle) Even as Boeing begins a 14-day generation shutdown in the Puget Seem because of to the coronavirus outbreak, the aerospace giant is in line for a economical booster shot, many thanks to provisions in the $2 trillion reduction offer […]