Washington Post: Treasury emergency aid loan goes to airline backed by Amazon and Apollo, showing government’s long reach

Washington Post: Treasury emergency aid loan goes to airline backed by Amazon and Apollo, showing government’s long reach. “The Treasury Department has lent $45 million to an airline backed by both e-commerce giant Amazon and Apollo Global Management, a massive private equity firm that has benefited from at least one other government bailout earlier this year. The airline, Sun Country, had planned to go public this year as a way to raise large amounts of money, but those plans were delayed by the coronavirus pandemic.”

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