American Airlines says could seek larger Treasury loan, defer 737 MAX deliveries

American Airlines AAL.O 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 LUV.N 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 BA.N to potentially defer the delivery of 18 737 MAX jets.