NATA has been advised that the Department of Treasury began sending agreements today to Part 135 passenger air carriers pursuant to the PSP2 program authorized by Congress in the Fiscal Year 2021 Omnibus Appropriations Act (“Act”). As authorized by the Act, Treasury prorated payments – for both 135 and 121 carriers – at a level of approximately 39% of the awardable amount. For those receiving $100 million or less, this is an outright grant.
Tuesday, January 19, 2021
Today, the FAA released funding opportunities for two long-anticipated aviation workforce development grant programs. NATA strongly supported the creation of these programs during the FAA Reauthorization Act of 2018 and has subsequently led a coalition of industry and labor organizations in ensuring the programs received full funding. The Aircraft Pilots Workforce Development Grants provide money to expand the pilot workforce and educate students to become pilots, aerospace engineers or unmanned aircraft systems operators. The Aviation Maintenance Technical Workers Workforce Development Grants will help prepare a more inclusive talent pool of aviation maintenance technicians. Educational institutions and aviation businesses can apply at www.grants.gov through March 22.
The Internal Revenue Service (IRS) regulations regarding exemptions from excise taxes for managed aircraft announced last week are now in effect, following a multi-year effort by the National Air Transportation Association (NATA) and other industry stakeholders to ensure aircraft management services were not considered taxable air transportation.
NATA is pleased to see the release of the FAA’s Dynamic Regulatory System (DRS) resource tool, which resulted as a recommendation from the Consistency of Regulatory Interpretation Aviation Rulemaking Committee on which NATA served.
The National Air Transportation Association (NATA) applauds the Federal Aviation Administration’s (FAA) introduction of the Dynamic Regulatory System (DRS). Developed at the recommendation of and in collaboration with NATA and other industry stakeholders, the online tool eases access to Office of Aviation Safety guidance materials through a new, centralized portal.
Wednesday, January 13, 2021
Starting January 26, 2021, all air passengers traveling into the United States, including by private flights, air charter, and general aviation aircraft, will be required to show proof of a negative COVID-19 test result or documentation of having recovered from COVID-19, regardless of vaccination status. All passengers must complete an attestation affirming their compliance with the CDC requirements and provide it to their aircraft operator.
Today, the IRS announced finalized regulations intended to clarify how the exemption from commercial transportation excise taxes for aircraft management services is applied.
The U.S. Small Business Administration and Treasury recently released borrower loan applications and top-line summaries for First Draw and Second Draw loans for the reopened Paycheck Protection Program (PPP).
The Treasury’s PSP2 online application portal, guidance for its use, and procedures for applying are now ready for access.
NATA was deeply saddened to learn of the passing of long-time President Larry Burian. From his first solo flight at age 14 in his Missouri hometown, Lawrence L. “Larry” Burian was on his path to becoming a pivotal leader for NATA.