Key Points -
The US Treasury Department and several US passenger airlines have agreed on basic terms of payroll support to be provided under the CARES Act. This advisory will -
- Summarize the general terms for...more
On Wednesday, March 25, the United States Senate passed by unanimous vote the Coronavirus Aid, Relief and Economic Security Act (CARES Act). The Cares Act marks the third round of economic stimulus in response to the outbreak...more
On Thursday, March 19, Senate Republicans released a proposal for $58 billion in emergency financial relief for US airlines. The relief measures would form part of the Coronavirus Aid, Relief, and Economic Security Act and is...more