Today, the Federal Aviation Administration granted the National Air Transportation Association’s (NATA) request for an extension to exemptions regarding certain crew training and checking requirements.
NATA submitted a letter to the IRS to request clarification on the suspension of air transportation excise tax under I.R.C. §§ 4261 and 4271 on amounts paid between March 28, 2020, and December 31, 2020, for transportation by air of persons or property as it relates to Part 135.
The FAA, responding to concerns voiced by NATA and other industry organizations, will publish an amendment to SFAR 118 on Monday, June 29, 2020.
Important guidance addressing key questions related to the PPP and Payroll Support Program has been released by the U.S. Department of Treasury and the Small Business Administration. Links to the guidance, as well as information on an FAA Aviation Safety Town Hall that may be of interest can be found below.
The Treasury released updated guidance on the payroll support and loan programs implemented under Title IV of the CARES Act, including certain details of the Payroll Support Program for cargo air carriers and contractors.
Wednesday, April 22, 2020
This week, the Department of Treasury released additional guidance for those waiting to receive funding under the Payroll Support Program under Title IV, Subtitle B of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
NATA is pleased to make our members aware of a development in the application for relief for air carriers and certain eligible businesses under the CARES Act. The application can be found directly on the Treasury’s website or by using the direct link below.
The Treasury Department just updated guidance as to how it will receive applications for relief for Air Carrier Worker Support under Title IV, Subtitle B, section 4111 et seq., which is relief for Part 135 operators, passengers, and cargo, and for FBOs that provide ground handling services for the Part 121 airlines.
Wednesday, October 23, 2019
During the BACE convention in Las Vegas, the aviation business industry’s Sustainable Aviation Fuel (SAF) Coalition announced the creation of a summit, to be held in March of next year in Washington, DC, aimed at accelerating the availability and use of SAF.
Thursday, February 14, 2019
NATA, along with a coalition of 40 other leading aviation stakeholder groups, signed onto a letter to Congressional leadership in support of the Aviation Funding Stability Act of 2019 (H.R. 1108).