Announcement
21 Apr 2020
This support to the aviation sector stems from the Coronavirus Aid, Relief and Economic Security Act (CARES Act) that President Trump signed into law on March 27, 2020.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
21 Apr 2020
Revocation date:
No revocation date
Announced: 21 Apr 2020
Financial grant
In force
On April 21, 2020 the Department of the Treasury reached an agreement with American Airlines Inc. under which the airline received $5,814,516,440 in support during the Covid-19 pandemic. Like comparab...
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Related State Acts
Announced: 23 Apr 2021
United States of America: The U.S. Administration provides $3.31 billion payroll support to the passenger carrier American Airlines Inc. under the Payroll Support Program extension (PSP3)
Announced: 27 Mar 2020
United States of America: Subsidies and other trade-related provisions in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)
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