 CHItrader [@CHItraders](/creator/twitter/CHItraders) on x 3448 followers Created: 2025-07-17 12:30:16 UTC ✈️ Delta Air Lines $DAL Settles DOJ Probe Over Pandemic Relief Delta will pay $8.1M to resolve allegations of violating federal relief terms under the CARES Act. 🔹 DOJ claims Delta exceeded executive pay caps tied to $11.9B in Payroll Support Program (PSP) aid 🔹 Allegedly made excess payments between March 2020 – April 2023 🔹 Whistleblower lawsuit triggered the investigation 🔹 Delta maintains it fully complied with CARES Act rules 🔹 Settlement avoids litigation costs; no admission of wrongdoing 🔹 Comes amid strong Q2 results and bullish 2025 outlook - Growth driven by premium travel and loyalty programs - Analysts raised forecasts following earnings beat 164 engagements  **Related Topics** [caps](/topic/caps) [playstation](/topic/playstation) [$119b](/topic/$119b) [$81m](/topic/$81m) [doj](/topic/doj) [delta](/topic/delta) [$dal](/topic/$dal) [dal delta air lines](/topic/dal-delta-air-lines) [Post Link](https://x.com/CHItraders/status/1945823363428974813)
CHItrader @CHItraders on x 3448 followers
Created: 2025-07-17 12:30:16 UTC
✈️ Delta Air Lines $DAL Settles DOJ Probe Over Pandemic Relief
Delta will pay $8.1M to resolve allegations of violating federal relief terms under the CARES Act.
🔹 DOJ claims Delta exceeded executive pay caps tied to $11.9B in Payroll Support Program (PSP) aid 🔹 Allegedly made excess payments between March 2020 – April 2023 🔹 Whistleblower lawsuit triggered the investigation 🔹 Delta maintains it fully complied with CARES Act rules 🔹 Settlement avoids litigation costs; no admission of wrongdoing 🔹 Comes amid strong Q2 results and bullish 2025 outlook - Growth driven by premium travel and loyalty programs - Analysts raised forecasts following earnings beat
164 engagements
Related Topics caps playstation $119b $81m doj delta $dal dal delta air lines
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