NBAA recently joined with four other aviation associations in urging U.S. Treasury Secretary Janet Yellen to help expedite assistance for commercial general aviation and regional air carrier operators under the second phase of the Payroll Support Program (PSP2).
Congress passed PSP2 as part of a consolidated appropriations bill in December 2020, after the initial round of funds provided under the Coronavirus Aid, Relief, and Economic Security (CARES) Act expired two months earlier. The new bill provides up to an additional $15 billion in relief funding to assist air carriers and contractors.