Category: bailouts
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US to hold auctions to sell airline warrants received during COVID bailouts By Reuters
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Written by David Shepardson WASHINGTON (Reuters) – The U.S. Treasury Department said on Friday it plans to hold a series of auctions to sell stock warrants in U.S. airlines it received after Congress approved $54 billion in aid for air carriers in 2020 and 2021 due to the coronavirus. Of…