Airlines Grateful for Bailout, but Stress It's Not a Quick Fix

Carriers disclose their share of the $50 billion stimulus package

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Within an hour of announcing that they’d be accepting their share of the record-breaking multitrillion-dollar stimulus package, major airlines including Delta, United, Southwest and American all thanked Congress for the influx of cash.

The common theme? They’re grateful for the financial boost, which they say was critical to their survival. In exchange for the grants, airlines are prohibited from furloughing their employees, as well as cutting pay and buying back shares. There will also be limits in place on executive compensation.

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