WASHINGTON (Reuters) - United Airlines (O:UAL) intends to tap U.S. Treasury loans available under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, Chief Executive Scott Kirby (NYSE:KEX) said at a news conference on Capitol Hill on Tuesday.
Also speaking to reporters, American Airlines (O:AAL) CEO Doug Parker affirmed his airline is also taking the Treasury loans, while JetBlue Airways (O:JBLU) CEO Robin Hayes said a decision will be made in the near future.