Global Trade Alert
Global Trade Alert

United States of America: Subsidies and other trade-related provisions in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

Announcement

27 Mar 2020

This $2.2 trillion initiative includes some provisions that discriminate in favor of U.S. firms, primarily through government aid to industry.

Source

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Number of interventions

8

8 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Mar 2020

Revocation date:

30 Sep 2020

Updated: 27 Mar 2020
Financial grant

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) was signed into law. Under the CARES Act, a number of financial support measures were adopted. One of such meas...

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Implementation date

27 Mar 2020

Revocation date:

01 Jan 2021

Updated: 27 Mar 2020
Tax or social insurance relief

On March 27, 2020, President Trump signed into law a bill (H.R.748) commonly known as the third coronavirus stimulus bill and formally entitled the Coronavirus Aid, Relief, and Economic Securi...

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Implementation date

27 Mar 2020

Revocation date:

31 Dec 2020

Updated: 27 Mar 2020
Capital injection and equity stakes (including bailouts)

On March 27 2020, $29 billion was allocated to certain business operating in the aviation industry following the establishment of a $500 billion fund created by way of bill (H.R.748) comm...

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Updated: 27 Mar 2020
Loan guarantee

On March 27, 2020, a $500 billion fund was created following the signing into law of bill (H.R.748) commonly known as the third coronavirus stimulus bill. Under the fund, $29 billion has ...

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Updated: 27 Mar 2020
State loan

On March 27, 2020, a $500 billion fund was created following the signing into law of bill (H.R.748) commonly known as the third coronavirus stimulus bill. Under the fund, $29 billion has ...

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Updated: 27 Mar 2020
Capital injection and equity stakes (including bailouts)

On March 27, 2020, following the signing into law of bill (H.R.748) commonly known as the third coronavirus stimulus bill, a $500 billion fund was created.

Under the fund, $471 bi...

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Updated: 27 Mar 2020
Loan guarantee

On March 27, 2020, a $500 billion fund was created following the signing into law of bill (H.R.748) commonly known as the third coronavirus stimulus bill.

Under the fund, $471 bil...

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Updated: 27 Mar 2020
State loan

On March 27, 2020, a $500 billion fund was created following the signing into law of bill (H.R.748) commonly known as the third coronavirus stimulus bill.

Under the fund, $471 bil...

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Related State Acts

03 Jun 2022

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13 Dec 2021

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08 Dec 2020

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03 Nov 2020

United States of America: The U.S. Treasury makes a loan of $808 million to JetBlue Airways Corporation through the CARES Act loan program (COVID-19)

02 Nov 2020

United States of America: U.S. Department of Treasury extends a loan to a computer programming services provider as part of the CARES ACT loan package for national security businesses

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15 Oct 2020

United States of America: Ovation Travel Group Inc. secures $20 million loan from the U.S. Treasury (COVID-19)

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28 Sep 2020

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28 Sep 2020

United States of America: United Airlines secures $5.17 billion loan from the U.S. Treasury (COVID-19)

28 Sep 2020

United States of America: Alaska Airlines secures $1.3 billion loan from the U.S. Treasury (COVID-19)

25 Sep 2020

United States of America: American Airlines Inc. secures $5.5 billion loan from the U.S. Treasury (COVID-19)

22 Sep 2020

United States of America: $27.1 million in payroll support to Hallmark Aviation Services L.P. (COVID-19 related)

17 Sep 2020

United States of America: $161.5 million in payroll support to Kalitta Air LLC (COVID-19 related)

25 Aug 2020

United States of America: $16.6 million in payroll support to Lufthansa Technik Component Services LLC (COVID-19 related)

25 Aug 2020

United States of America: $71.1 million in payroll support to MRA Systems LLC (COVID-19 related)

19 Aug 2020

United States of America: $15.5 million in payroll support to Corvus Airlines Inc. (COVID-19 related)

30 Jul 2020

United States of America: $57.1 million in payroll support to AAR Corp. (COVID-19 related)

30 Jul 2020

United States of America: $214.2 million in payroll support to Sky Chefs Inc. (COVID-19 related)

22 Jul 2020

United States of America: $21.1 million in payroll support to Swift Air LLC (COVID-19 related)

13 Jul 2020

United States of America: $23.4 million in payroll support to MHI RJ Aviation Inc. (COVID-19 related)

10 Jul 2020

United States of America: $73.2 million in payroll support to Prospect Airport Services Inc. (COVID-19 related)

10 Jul 2020

United States of America: $170.4 million in payroll support to Swissport USA Inc. (COVID-19 related)

10 Jul 2020

United States of America: $47.6 million in payroll support to Thales USA Inc. (COVID-19 related)

10 Jul 2020

United States of America: $162.7 million in payroll support to DAL Global Services LLC (COVID-19 related)

10 Jul 2020

United States of America: $48 million in payroll support to Ground Services International Incorporated (COVID-19 related)

08 Jul 2020

United States of America: U.S. Department of Treasury makes a loan of $700 million to YRC holding as part of the CARES ACT loan package for national security businesses (COVID-19)

07 Jul 2020

United States of America: $11.3 million in payroll support to DO & CO New York Catering Inc. (COVID-19 related)

01 Jul 2020

United States of America: $14.5 million in payroll support to Empire Airlines Inc. (COVID-19 related)

26 Jun 2020

United States of America: $37.5 million in payroll support to AGI-CFI Holdings Inc. (COVID-19 related)

24 Jun 2020

United States of America: $10.8 million in payroll support to ACTS-Aviation Security Inc. (COVID-19 related)

23 Jun 2020

United States of America: $29.8 million in payroll support to McGee Air Services Inc. (COVID-19 related)

19 Jun 2020

United States of America: $171.4 million in payroll support to Gate Gourmet Inc. (COVID-19 related)

19 Jun 2020

United States of America: $111.1 million in payroll support to Menzies Aviation Inc. (COVID-19 related)

19 Jun 2020

United States of America: $79.8 million in payroll support to Signature Flight Support LLC (COVID-19 related)

19 Jun 2020

United States of America: $54 million in payroll support to The Nordam Group LLC (COVID-19 related)

18 Jun 2020

United States of America: $18.6 million in payroll support to F&E Aircraft Maintenance (Miami) LLC (COVID-19 related)

16 Jun 2020

United States of America: $13.1 million in payroll support to Xojet Aviation LLC (COVID-19 related)

15 Jun 2020

United States of America: $39.9 million in payroll support to Aviation Technical Services Inc. (COVID-19 related)

15 Jun 2020

United States of America: $85 million in payroll support to Flying Food Fare Inc. (COVID-19 related)

15 Jun 2020

United States of America: $65.7 million in payroll support to Primeflight Aviation Services Inc. (COVID-19 related)

09 Jun 2020

United States of America: $15.8 million in payroll support to Ameriflight LLC (COVID-19 related)

09 Jun 2020

United States of America: $12.7 million in payroll support to Aersale Inc. (COVID-19 related)

09 Jun 2020

United States of America: $15.6 million in payroll support to Flightstar Aircraft Services LLC (COVID-19 related)

09 Jun 2020

United States of America: $81.4 million in payroll support to G2 Secure Staff LLC (COVID-19 related)

09 Jun 2020

United States of America: $10 million in payroll support to S A S Services Group Inc. (COVID-19 related)

09 Jun 2020

United States of America: $107.2 million in payroll support to Worldwide Flight Services Inc. (COVID-19 related)

05 Jun 2020

United States of America: $34.8 million in payroll support to Western Global Airlines LLC (COVID-19 related)

02 Jun 2020

United States of America: $22 million in payroll support to Prosegur Services Group Inc. (Covid-19 related)

02 Jun 2020

United States of America: $35 million in payroll support to Haeco Airframe Services LLC (Covid-19 related)

01 Jun 2020

United States of America: $406 million in payroll support to Atlas Air Inc. (Covid-19 related)

29 May 2020

United States of America: $14 million in payroll support to Smarte Carte Inc. (Covid-19 related)

28 May 2020

United States of America: $40 million in payroll support to Metro Aviation Inc. (Covid-19 related)

28 May 2020

United States of America: $12 million in payroll support to Airport Terminal Management Inc. (Covid-19 related)

27 May 2020

United States of America: $27 million in payroll support to Gat Airline Ground Support Inc. (Covid-19 related)

26 May 2020

United States of America: $33 million in payroll support to Airport Terminal Services Inc. (Covid-19 related)

22 May 2020

United States of America: $13 million in payroll support to Huntleigh USA Corporation (Covid-19 related)

22 May 2020

United States of America: $20 million in payroll support to Total Airport Services LLC (Covid-19 related)

22 May 2020

United States of America: $23 million in payroll support to Constant Aviation LLC (Covid-19 related)

21 May 2020

United States of America: $12 million in payroll support to Pacific Aviation LLC (Covid-19 related)

20 May 2020

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19 May 2020

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19 May 2020

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19 May 2020

United States of America: $13 million in payroll support to Sky Lease I Inc. (Covid-19 related)

19 May 2020

United States of America: $13 million in payroll support to Jetstream Ground Services Inc. (Covid-19 related)

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United States of America: $21 million in payroll support to Northern Air Cargo LLC (Covid-19 related)

15 May 2020

United States of America: $10 million in payroll support to Air General Inc. (Covid-19 related)

15 May 2020

United States of America: $15 million in payroll support to Aeko Kula LLC (Covid-19 related)

14 May 2020

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13 May 2020

United States of America: $11 million in payroll support to Western Air Charter Inc. (Covid-19 related)

12 May 2020

United States of America: $205 million in payroll support to Republic Airways Inc. (Covid-19 related)

12 May 2020

United States of America: $109 million in payroll support to Expressjet Airlines LLC (Covid-19 related)

11 May 2020

United States of America: $15 million in payroll support to National Air Cargo Group Inc. (Covid-19 related)

08 May 2020

United States of America: $30 million in payroll support to Amerijet International Inc. (Covid-19 related)

07 May 2020

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05 May 2020

United States of America: $84 million in payroll support to One Sky Flight LLC (Covid-19 related)

30 Apr 2020

United States of America: $204 million in payroll support to Frontier Airlines Inc. (Covid-19 related)

29 Apr 2020

United States of America: $11 million in payroll support to Elite Airways LLC (Covid-19 related)

24 Apr 2020

United States of America: $35 million in payroll support to Gojet Airlines LLC (Covid-19 related)

23 Apr 2020

United States of America: $438 million in payroll support to Skywest Airlines Inc. (Covid-19 related)

23 Apr 2020

United States of America: $992 million in payroll support to Alaska Airlines Inc. (Covid-19 related)

23 Apr 2020

United States of America: $935 million in payroll support to Jetblue Airways Corporation (Covid-19 related)

23 Apr 2020

United States of America: $20 million in payroll support to Jet Linx Aviation LLC (Covid-19 related)

22 Apr 2020

United States of America: $292 million in payroll support to Hawaiian Airlines Inc. (Covid-19 related)

21 Apr 2020

United States of America: $4.96 billion in payroll support to United Airlines Inc. (Covid-19 related)

21 Apr 2020

United States of America: $3.3 billion in payroll support to Southwest Airlines Co. (Covid-19 related)

21 Apr 2020

United States of America: $334 million in payroll support to Spirit Airlines Inc. (Covid-19 related)

21 Apr 2020

United States of America: $25 million in payroll support to American Sales and Management Org. LLC (Covid-19 related)

21 Apr 2020

United States of America: $5.8 billion in payroll support to American Airlines (Covid-19 related)

20 Apr 2020

United States of America: $13 million in payroll support to Silver Airways LLC (Covid-19 related)

20 Apr 2020

United States of America: $171 million in payroll support to Allegiant Air LLC (Covid-19 related)

20 Apr 2020

United States of America: $26 million in payroll support to Clay Lacy Aviation Inc. (Covid-19 related)

20 Apr 2020

United States of America: $25 million in payroll support to Champlain Enterprises LLC (Covid-19 related)

20 Apr 2020

United States of America: $92 million in payroll support to Mesa Airlines Inc. (Covid-19 related)

20 Apr 2020

United States of America: $14 million in payroll support to Hyannis Air Service Inc. (Covid-19 related)

20 Apr 2020

United States of America: $60 million in payroll support to Sun Country Inc. (Covid-19 related)

20 Apr 2020

United States of America: $5.4 billion in payroll support to Delta Air Lines Inc. (Covid-19 related)

20 Apr 2020

United States of America: $40 million in payroll support to Air Wisconsin Airlines LLC (Covid-19 related)

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