U.S. Airports Could Exhaust CARES Acts Funds In 2021, Moody’s Says
Credit: Rob Finlayson
Large U.S. airports could exhaust the federal aid they received in 2020 unless passenger volumes significantly improve in 2021, a new report from Moody’s found. American airports received $10 billion in grants last spring from the CARES Act, which has helped keep them afloat while passenger numbers...
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