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Alaska Air signs on for payroll support program

Alaska Airlines crew
Alaska Airlines is among 10 passenger air carriers that plan to participate in the Treasury Department’s coronavirus payroll aid program. (Alaska Airlines Photo)

Seattle-based Alaska Airlines and nine other air carriers plan to participate in a $25 billion payroll assistance program that’s part of the coronavirus relief package signed into law last month, Treasury Secretary Steven Mnuchin said today.

“Conversations continue with other airlines regarding their potential participation,” Mnuchin said in a statement.

Today’s announcement comes after days of negotiations over the terms of the assistance program, with the Treasury Department seeking ownership stakes in at least some of the airlines that participate.

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By Alan Boyle

Mastermind of Cosmic Log, contributing editor at GeekWire, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.

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