URGENT: PLEASE READ CAREFULLY!
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. In particular, the new application process is as follows:
“The Treasury Department is currently accepting applications. After 9:00 p.m. EDT on April 2, applicants should no longer submit applications by email. All applicants who have not already submitted an application by email should instead apply for Payroll Support using the Treasury Department’s online application tool, which is available at:
Application materials should be submitted by 5:00 p.m. EDT on April 3 to ensure the most immediate consideration.
The Treasury Department will continue to accept applications until 11:59 p.m. EDT on April 27, 2020. However, applications submitted after April 3 may receive less immediate consideration. Applications received after April 27, 2020 may or may not be considered at the discretion of the Treasury Department, subject to the availability of funds.”
Please note, this program is different than the Small Business Paycheck Protection Program. Per the guidance that was just released: an air carrier or contractor that has applied for or received support under other provisions of the CARES Act is not precluded, by virtue of such application or support, from applying for and receiving Payroll Support. The eligibility criteria for other CARES Act support programs are set forth in the Act and any applicable guidance or regulations.
NATA urges those that are eligible to file immediately! Additional guidance is available in this Treasury Q&A document: https://home.treasury.gov/system/files/136/QandA-Payroll-Support-to-Air-Carriers-and-Contractors.pdf. If you have questions, please contact us at email@example.com.
For general press inquiries, contact Shannon Chambers at 703-298-1347 or firstname.lastname@example.org.
The National Air Transportation Association (NATA) has been the voice of aviation business for 80 years. Representing nearly 3,700 aviation businesses, NATA’s member companies provide a broad range of services to general aviation, the airlines and the military and NATA serves as the public policy group representing the interests of aviation businesses before Congress and the federal agencies.