New Guidance for Air Carrier Worker Support Program

Treasury has released updated guidance on the payroll support and loan programs implemented under Title IV of the CARES Act, including certain details of the Payroll Support Program for cargo air carriers and contractors.

https://home.treasury.gov/news/press-releases/treasury-implementing-cares-act-programs-for-aviation-and-national-security-industries

In addition, Treasury published the application form for loans to businesses critical to maintaining national security under Division A, Title IV, Subtitle A of the CARES Act. The guidance notes that applications may be submitted online beginning April 27 and are due to the Treasury Department by May 1. Additional information on loans to national security businesses is available online here.

Please contact NATA at covid@nata.aero if you have any questions about the program or how to apply.