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Cape Air received communication from the Treasury Department about federal payroll support funds on March 4 after applying for the second grant on Jan. 12.
The new Covid-19 relief package signed into law by President Joe Biden Thursday afternoon will provide a third tranche of payroll support to commercial U.S. airlines.
But as airlines prepare to apply for their share of this new $14 billion support package (plus $1 billion to contractors who employ groundworkers used by the airlines), nearly half of the 320 carriers that applied for the second round of payroll support are still awaiting payment, the Treasury Department website shows.
Overwhelmingly, those carriers are small entities, including charter operators, private airlines and tour operators. Each of the 10 primary mainline U.S. carriers have received their second round of payroll funding.