U.S. Airports Could Exhaust CARES Acts Funds In 2021, Moody’s Says

aircraft
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...
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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