Delta Air Lines, COVID
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Delta Air Lines has agreed to pay $8.1 million to settle allegations that it improperly used COVID-19 relief money to fund pay for executives, the U.S. Justice Department announced this week. The scandal stems from Delta's participation in the Payroll Support Program (PSP),
Delta had been accused of exceeding compensation limits tied to pandemic-era relief funds. Join Atlanta Business Chronicle for a rare and exclusive opportunity to hear from Jamie Dimon, Chairman and CEO of JPMorganChase, as he discusses the most pressing issues shaping the economy, business, and leadership today.
Delta Air Lines has improved cash flow and cut debt, but macro risks and valuation concerns limit upside for now. Find out why DAL stock is a hold.
After a first quarter upended by a trade war, travel demand has stabilized to last year’s levels, Delta Air Lines said in its second quarter earnings release Thursday.