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United Airlines to Receive $5 Billion from Federal Aid Program

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United Airlines to Receive $5 Billion from Federal Aid Program

United Airlines Holdings (NASDAQ: UAL) has issued a memo stating it was receiving $5 billion under the CARES Act, and detailing its plans moving forward. Under the federal program, $25 billion has been allocated to help support passenger airlines that seek assistance getting through the impacts from the ongoing pandemic.

Source Fool.com

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