Says CARES Act Falls Short In Providing Relief For Thousands Of Small Aviation Businesses
The U.S. Congress has passed, and President Trump has signed, the CARES Act providing financial relief for many individuals and businesses during the COVID-19 pandemic. While the Act provides some assistance for small businesses in the form of loans and payroll relief, and provides relief for the airlines and airports with commercial airline service (with only $100 million to general aviation airports), it falls short in helping the immediate crisis facing thousands of aviation businesses that provide critical services to our infrastructure, according to NATA.