A4A president/CEO comments on CARES Act passage

A4A President and CEO has announced it applauds the US president for signing the Coronavirus aid, relief and economic security Act (CARES), the company said.

The act includes provisions intended to assist the US airline industry to continue making payroll and protect the jobs of pilots, flight attendants, gate agents, mechanics and others, the association said.

The organization said President Trump and Vice President Pence continue to demonstrate unwavering leadership during this global health crisis and take decisive action to protect the American people.

US airlines were among the first industries to feel the economic impacts of the pandemic and will be key to our country´s recovery. The Direct Payroll Assistance provisions in the CARES Act are designed to provide immediate financial relief that is necessary to continue funding the payrolls of US airlines. We remain hopeful that the federal government will expeditiously release these funds with as few restrictions as possible to ensure airlines are able to utilize these provisions and meet our payroll.

The impact of government- and business-imposed travel restrictions and public fear have devastated the US airline industry, our employees, travelers and the shipping public. Since the beginning of March, US air carriers — both passenger and cargo — have seen their positions of strong financial health deteriorate at an unprecedented and unsustainable pace. The human, financial and operational impacts are devastating, and the future remains uncertain.

Airlines for America (A4A) advocates on behalf of the leading US airlines, both passenger and cargo carriers. A4A works collaboratively with industry stakeholders, federal agencies, the Administration, Congress, labor and other groups to improve aviation for the traveling and shipping public.