Global Trade Alert
Global Trade Alert

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

Announcement

20 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

20 Apr 2020

Revocation date:

No revocation date

Updated: 20 Apr 2020
Financial grant In force

On April 20, 2020 the Department of the Treasury reached an agreement with Hyannis Air Service Inc. under which the airline received $14,719,957 in support during the Covid-19 pandemic. Like compar...

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