NBAA, GA Coalition Urge Congress to Protect Industry’s Critical Contribution to U.S. Economy

posted on 14th October 2020 by Eddie Saunders
NBAA, GA Coalition Urge Congress to Protect Industry’s Critical Contribution to U.S. Economy

NBAA and a coalition of general aviation’s leading advocates are urging lawmakers to build on the success of the Coronavirus Aid, Relief and Economic Security (CARES) Act by providing additional relief that ensures business aviation and the country’s airports can continue to deliver pivotal and essential services during the pandemic and maintain their valuable contribution to the country’s economy.

The CARES Act, enacted in late March, was a vital, albeit temporary, stimulus for general aviation and airports during the early stages of the COVID-19 crisis. Relief from excise taxes and initiatives like the Payroll Support Program and the Paycheck Protection Program provided general aviation businesses the means to mitigate the economic stress of the pandemic and continue their support of thousands of communities across the country, many of which rely on general aviation for essential services.