United States of America: $15.5 million in payroll support to Corvus Airlines Inc. (COVID-19 related)

Announcement

19 Aug 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

19 Aug 2020

Revocation date:

No revocation date

Updated: 19 Aug 2020

Financial grant In force

On August 19, 2020 the Department of the Treasury reached an agreement with Corvus Airlines Inc. under which the passenger carrier received $15,489,546 in support during the COVID-19 pandemic. Like...

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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