They have agreed to a loan of 5. 5 billion from the Treasury Department you may remember they initially had an agreement on 4. 7 billion to be borrowed they have up sized it to 5. 5 billion. They have to take a draw of at least 10 . Theyve drawn down 550 million today. What does the Treasury Department get for this . 10 of American Airlines if american borrows about 9 billion, the Treasury Department will get americ 900 million if youre keeping score, american is now sitting on more than 42 billion in debt the stocking is moving higher in the after hours session it remains to be seen if they will need to borrow but the fact that they have said we may need to borrow another 2 billion in addition to that 5. 5 billion, its clear they realize theyre in for a rough six months here you will not see a big increase in passengers. That means its going to be tougher to get back to break even. A crazy low price target on this, it was 1 or 2 price target on american it is known as the weakest Bala
Firstdegree murder. Prison officials believe he died because of coronavirus related complications. But an official cause of death has not yet been announced will continue to cover this story outside the governors home in fair oaks for you. Throughout the morning and thank you for joining us on 9 oclock hour the kron 4 morning news on Marty Gonzales were going to go ahead and check in with dave spahr to find out more about the forecast for this monday day. Marty good morning, good morning everybody and this the shot that we have the bay bridge toll plaza not much the way of traffic going on, but still those pesky stratus clouds that are in place but take their brightening up a little bit indicating there mixing out. Blue skies at san jose state says were getting some changes happening there as well current winds little bit of a week onshore wind in place will see this pick up a little bit later on for today. Temperatures mostly in the 60s in the east bay, but 71 already antioch meanwhil
How can the global Aviation Industry weather the coronavirus stall some airlines are hoping to resume summer flights and are facing all turbulence a minus about what is the Airline Industry needed to recover from the pandemic this isnt our story. Hello and welcome to the program on am wrong its described as the biggest crisis in aviation history with borders closed to limit the spread of Coronavirus Airlines are forced to ground their fleets costing them billions in lost revenue every single month some battle lines are hoping to resume flights and restore links as countries begin to ease their lock downs but many places such as the u. K. Are making it mandatory for travelers to spend 2 weeks in quarantine when they land British Airways easyjet and ryanair a challenging the government ruling in court saying its irrational ineffective and will cost thousands of tourism jobs. Because theres no scientific basis for it all to its not quarantine because you allow people right you know portug
A number of what do you get a big. Report 3 for an International Perspective to try to bring your mobile audience how this could impact their life this is an important part of the world and how does it is very good to bring the news to the world from here. How can the global Aviation Industry weather the coronavirus storm some airlines are hoping to resume summer flights and are facing more turbulence a menace about what is the Airline Industry need to recover from the pandemic that is untouchable. Hello welcome to the program im imran khan its described as the biggest crisis in aviation history with borders closed to limit the spread of Coronavirus Airlines are forced to ground their fleets costing them billions in lost revenue every single month so bad lines are hoping to resume flights and restore links as countries begin to ease their lock downs but many places such as the u. K. Are making it mandatory for travelers to spend 2 weeks in quarantine when they land British Airways easy
How can the global Aviation Industry weather the coronavirus storm some airlines are hoping to resume summer flights and are facing all turbulence a minus a lot what is the Airline Industry needed to recover from the pandemic this is inside story. Hello and welcome to the program on imran khan its described as the biggest crisis in aviation history with borders closed to limit the spread of Coronavirus Airlines are forced to ground their fleets costing them billions in lost revenue every single month so bad lines are hoping to resume flights and restore links as countries begin to ease their lockdowns but many places such as the u. K. Are making it mandatory for travelers to spend 2 weeks in quarantine when they land British Airways easyjet and ryanair a challenging the government ruling in court saying its irrational ineffective and will cost thousands of tourism jobs wont because it has no scientific basis for it all to its not quarantine because you allow people right you know for t