I believe I have read somewhere that they weren't going to get the money straight away. And so, if they are in Chap.11 when they do actually get it , they can use it for `useful' restructuring' and not have to turn it over to creditors right away. On 19 Aug 02, at 9:31, Addison Schonland wrote: > Now that US Airways is bankrupt and United Airlines is following its vapor > trail into the abyss of insolvency, here's a question worth asking: What > happened to all that money we gave the ailing airline industry after Sept. > 11? Congress allocated $15 billion to save the carriers after the terrorist > attacks, of which $5 billion were outright grants. Of that, US Airways > pocketed $287 million and United took $724 million. Are these airlines going > down and taking our tax dollars with them? > > Read more at http://www.elliott.org/vault/oped/2002/thanks.htm >