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

Announcement

29 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.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Apr 2020

Revocation date:

No revocation date

Updated: 29 Apr 2020

Financial grant In force

On April 29, 2020 the Department of the Treasury reached an agreement with Elite Airways LLC under which the airline received $11,276,814 in support during the Covid-19 pandemic. Like comparable ar...

Related State Acts

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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