Announcement
12 May 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
12 May 2020
Revocation date:
No revocation date
Updated: 12 May 2020
Financial grant
In force
On May 12, 2020 the Department of the Treasury reached an agreement with Republic Airways Inc. under which the airline received $205,986,653 in support during the Covid-19 pandemic. Like comparable...
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Related State Acts
10 Jun 2021
United States of America: The U.S. Administration provides $121 million in payroll support to the passenger carrier Republic Airways Inc. under the Payroll Support Program extension (PSP3)
15 Jan 2021
United States of America: The U.S. Administration provides payroll support to the passenger carrier Republic Airways Inc. under the U.S. Treasury’s Payroll Support Program extension (PSP2)
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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