Pittsburgh Airport CEO: CARES Act To Cover Half Of Lost Revenue

aircraft
Passenger volumes at Pittsburgh Airport have fallen by 95% in recent days compared to the year-earlier period, as carriers continue to scale back capacity amid the worsening public health crisis.
Credit: Blue Sky News/Pittsburgh International Airport
The chief executive of Pittsburgh International Airport said that financial aid included in the latest U.S. federal stimulus package will offset roughly half the revenue destroyed by the COVID-19 pandemic. The Coronavirus Aid, Relief, and Economy Security (CARES) Act provides American airports $10...
Ben Goldstein

Based in Boston, Ben covers advanced air mobility and is managing editor of Aviation Week Network’s AAM Report.

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