United States of America: $161.5 million in payroll support to Kalitta Air LLC (COVID-19 related)

Announcement

17 Sep 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

17 Sep 2020

Revocation date:

No revocation date

Updated: 17 Sep 2020

Financial grant In force

On September 17, 2020 the Department of the Treasury reached an agreement with Kalitta Air LLC under which the cargo carrier received $161,458,421 in support during the COVID-19 pandemic. Lik...

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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