U.S. airlines to dash for cash grants, not loans, even with potential government stake

U.S. airlines are preparing to tap the government for up to $25 billion in grants to cover payroll in a sharp travel downturn triggered by the coronavirus, even after the government warned it may take stakes in exchange for bailout funds, people familiar with the matter said.

from Reuters: Business News https://ift.tt/2QODYl5