WebJan 20, 2024 · As with the initial payroll support program, grants will account for about 70% of the payroll support funds disbursed to these airlines. American, Delta, and … WebJan 16, 2024 · The Payroll Support Program Extension Agreement (PSP Extension Agreement) gives Delta access to almost $3 billion in funds, which are only allowed to be used for employee wages, salaries, and benefits. Delta reaches new PSP extension agreement Delta Air Lines expects to receive $2.9 billion in payroll support payments.
U.S. lawmaker: airline payroll assistance will be part of ... - Nasdaq
WebDec 7, 2024 · In a letter to lawmakers, Airlines for America President Nicholas Calio said Tuesday that airlines spent Congress’ Payroll Support Program funds (PSP) exactly as they were intended — to keep ... WebJul 27, 2024 · The payroll program is set to expire Sept. 30. Congress awarded $25 billion in payroll assistance to U.S. passenger airlines in March, along with $4 billion for cargo carriers and $3... the landguys wisconsin
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WebFeb 8, 2024 · United Airlines has also flagged the jobs of approximately 14,000 workers are at risk once the current round of payroll support ends on March 31. However, relief may … WebMar 7, 2024 · Airline Payroll Support Extended To Sept. 30 By Russ Niles - Published: March 7, 2024 Updated: March 8, 2024 0 The stimulus package passed Saturday contained about $14 billion in continued support for airlines and mandates relative employment stability until the end of September. WebJul 10, 2024 · While the better-known Paycheck Protection Program was for small businesses, the airline industry provision — known as the Payroll Support Program — allowed large companies to get benefits. It was based on a proposal by airline industry unions and leading Democrats. the landhaus