TREASDirect PaymentTransportationFebruary 23, 2026

PURPOSE: THE PAYROLL SUPPORT PROGRAM (PSP) PROVIDES TEMPORARY FINANCIAL ASSISTANCE TO PASSENGER AIR CARRIERS, CARGO A...

$3,289,329,554

AI Summary

The Department of the Treasury awarded $3.3 billion to Delta Air Lines through the Payroll Support Program (PSP), providing emergency funding to preserve aviation jobs during the COVID-19 pandemic. This direct payment was restricted to employee wages, salaries, and benefits, with conditions prohibiting furloughs and pay cuts.

Key Points

  1. 01$3.3 billion to Delta Air Lines for payroll support
  2. 02Part of the COVID-19 Payroll Support Program for airlines
  3. 03Funds restricted to employee wages and benefits
  4. 04Prohibitions on furloughs and pay reductions
  5. 05Goal was preserving aviation industry employment

Award Details

Start Date

Feb 23, 2026

End Date

Ongoing

Category

Transportation

State

Award Type

Direct Payment

Related Awards

Quick Summary

Amount
$3.3B
Agency
Department of the Treasury
Recipient
DELTA AIR LINES, INC.
Type
Direct Payment

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