GOL is repaying its Delta-sponsored $ 300 million loan
GOL Linhas Aereas announced today that it has fully repaid the $ 300 million loan it took out in 2015, plus accrued interest. US airline Delta Air Lines guaranteed the loan. Last week, some financial analysts pointed out that low-cost…
Delta Air is facing headwinds in meeting its cash burn targets
Summary
delta has increased its fair share of cash since the beginning of the COVID-19 pandemic and believes it is well positioned to handle the debt due over the next 18 months.
There is no certainty that delta will ultimately achieve its…
Exclusive: Air France-KLM in talks about a government-supported loan package worth several billion…
By Laurence Frost, Anthony GermanPARIS / AMSTERDAM (Reuters) - Air France-KLM is in talks with banks to obtain loans guaranteed by the French and Dutch governments of up to 6 billion euros ($ 6.5 billion) as the Airline group prepared for…
How insolvent home health officials can benefit from the CARES Act
On Friday, President Donald Trump's signature closed a record-breaking $ 2 trillion stimulus package that officially bears the Coronavirus Aid, Relief and Economic Security (CARES) Act. The goal of the law: to provide much-needed…
Claims for US agricultural debt, credit relief increases with the spread of the coronavirus
CHICAGO (Reuters) - U.S. cattle producers urge the Department of Agriculture to postpone or adjust payments on government loans as coronavirus hits already ailing agriculture, the largest U.S. agriculture group said.FILE PHOTO: Cattle graze…
AP-NORC Survey: Many in the US are still facing financial losses from COVID-19
CHARLOTTE, NC - About 4 in 10 Americans say they are still feeling the financial repercussions of losing a job or income in their household as the economic recovery remains mixed even after a year Coronavirus Pandemic.A new survey by the…
Latics vs. Bolton Wanderers – News
Latics will play the first of two games at Boundary Park this week as they face Bolton Wanderers in Sky Bet League Two (7:00 p.m. KO).…