Aviation among Cares Act winners

Restaurants, concert venues, airplane manufacturers and the aerospace industry stand to benefit from the $1.9T coronavirus relief package the Senate approved over the weekend, and sent to the House for a vote as soon as March 9. They are among the few industries that would win from passage of the proposal that focuses federal funding for state and local governments and schools and extra support for individuals. The aviation/aerospace sector fared well primarily appealing to lawmakers from areas that are home to heavy concentrations of those types of companies. An array of lobbying groups for the industry joined with unions representing workers to ask for $15B for payroll support program funding, with the industry bearing 50 percent of the cost. Lawmakers trimmed that sum to $3B and cut the length of the program from 12 to six months. (Source: Washington Post 03/07/21) MISSISSIPPI NOTE: The Magnolia State is home to an array of aircraft/aerospace companies, including, but not limited to, Airbus Helicopter Inc., Vertex Aerospace, Orbital ATK, Northrop Grumman, General Atomics, Stark, Space X, and Aurora Flight Sciences. Restaurants, concert venues and aviation manufacturers secured billions in the new covid relief package - The Washington Post