Tag: Treasury Department

Impact & Regulations, Travel & Public Transit

CARES Act help never came for Miami Air

May 12, 2020

Via: Politico

A Florida-based charter airline is going out of business, costing hundreds of employees their jobs, and workers say the Trump administration is to blame. Miami Air International had filed for bankruptcy in March but told employees it was ending operations […]

Impact & Regulations, Travel & Public Transit

Senators fret about possible delays in airline aid

April 9, 2020

Via: Politico

Illinois’ senators are concerned that unclear directions from the Treasury Department could lead to delays in consideration of airlines’ and contractors’ applications for payroll-support grants. In a letter to Treasury Secretary Steven Mnuchin on Wednesday, Dick Durbin and Tammy Duckworth […]

Impact & Regulations

Airlines hit deadline to apply for government grants

April 3, 2020

Via: Politico

Today at 5 p.m. marks the initial deadline for airlines to apply for federal grants that must go toward paying their employees. Carriers that apply afterward “may not receive approval as quickly,” according to the Treasury Department. Secretary Steven Mnuchin […]