CHICAGO (Reuters) – American Airlines could seek a larger loan from the U.S. Treasury Department, its chief financial officer said on Wednesday, noting that some peers may not use their portion of $25 billion in loans set aside for airlines under the CARES Act.

Southwest Airlines  has already announced that they are not taking the government loan, CFO Derek Kerr said at a conference, noting that the company is also in talks with Boeing Co  to potentially defer the delivery of 18 737 MAX jets.

Reuters
Photo Rob Vogelaar