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

Announcement

01 Jun 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

01 Jun 2020

Revocation date:

No revocation date

Updated: 01 Jun 2020

Financial grant In force

On June 1, 2020 the Department of the Treasury reached an agreement with Atlas Air Inc. under which the cargo carrier received $406,842,820 in support during the Covid-19 pandemic. Like comparable ...

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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