COVID Stimulus Bill Provides Crucial, NATA-supported Aviation Business Relief
/Following Senate passage over the weekend, the House approved a $1.9 trillion COVID stimulus bill which is expected to be signed into law by President Biden. The bill contains many provisions NATA actively supported during consideration, including another round of Payroll Support Program funding for air carriers and their contractors. It will also make an additional $100 million available for general aviation airports impacted by the pandemic, and creates a new $3 billion program to support the aviation manufacturing workforce.
The bill contains $14 billion to extend the air carrier payroll support program and $1 billion for contractors, $8 billion for airports including $100 million for general aviation airports, and $3 billion for aviation manufacturers’ payrolls.