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Updated 2:00 PM EDT, Wed, May 20, 2020

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$2.9 Billion

Airlines

US Treasury To Release $2.9 Billion To Rescue Pandemic Damaged Airline Industry

On Monday, the U.S. Treasury Department said it had allocated $2.9 billion in preliminary compensation aid to 54 minor passenger carriers and two large commercial airlines, while finalizing grant deals with six other major carriers.

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