FILE PHOTO: An American Airways Boeing 737 jet sits at a gate at Washington’s Reagan Nationwide airport with the U.S. Capitol constructing within the background because the novel coronavirus (COVID-19) pandemic continues to maintain airline journey at minimal ranges and the U.S. financial system contracts within the first quarter at its sharpest tempo for the reason that Nice Recession, in Washington, U.S. April 29, 2020. REUTERS/Kevin Lamarque(Reuters) – American Airways Group Inc (AAL.O) may use its Benefit loyalty program as collateral for a secured U.S. authorities loan, President Robert Isom mentioned at a convention on Tuesday, noting that authorities talks are ongoing. American is discussing phrases for a $4.75 billion Treasury loan, separate from the $5.eight billion it has already secured in authorities payroll assist. The “impact value” of the loyalty program might vary between $18 billion and $30 billion, Isom mentioned. Reporting by Tracy RucinskiOur Requirements:The Thomson Reuters Belief Ideas.