Half Of CARES Act Airline Grants Disbursed, U.S. Treasury Says
Credit: Rob Finlayson
WASHINGTON—The U.S. Treasury Department announced over the weekend that roughly half of the $25 billion in federal payroll support earmarked for passenger airlines under the CARES Act was distributed last week. Since initial Payroll Support Program (PSP) payments to carriers went out on April 20...
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