Over 275 applied for Aviation Grants, 90% of the package is going to these 6 airlines.

Over 275 applied for Aviation Grants, 90% of the package is going to these 6 airlines. Part of the $2.3 trillion dollars in the CARES Act, includes a substantial grant to be provided to passenger airlines. A total of $25 Billion in cash grants will be allocated specifically for the purpose of payroll. Cargo Carries … Continue reading Over 275 applied for Aviation Grants, 90% of the package is going to these 6 airlines.

Stimulus Package Providing Aid to Airlines

Stimulus Package Providing Aid to Airlines In the new stimulus bill it is now allowed to the Federal Reserve to buy corporate bonds with the lowest ratings. These policies can potentially expose the Federal Reserve to potential risks as these are assets and companies that many other banks would not invest in. They believe that … Continue reading Stimulus Package Providing Aid to Airlines