How much total aid are US airlines eligible for under the CARES Act?

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US Airlines Eligible for Substantial Aid Under CARES Act

US airlines, cargo carriers, and airport contractors are eligible for significant financial assistance through the CARES Act, encompassing both cash grants and loans. Passenger airlines can receive up to US$25 billion in cash grants, with cargo carriers eligible for US$4 billion and airport contractors for US$3 billion. In addition to these grants, these entities can also access an equal amount in loans, bringing the total potential aid package to a substantial figure.
Passenger Airlines' Grant Eligibility

Passenger airlines are specifically allocated US$25 billion in cash grants under the CARES Act. This funding is intended to support payroll and keep workers employed during the unprecedented crisis facing the industry due to the coronavirus pandemic. Major carriers such as American Airlines, United Airlines, Delta Air Lines, and JetBlue Airways have all submitted applications for these grants.
Cargo Carriers and Airport Contractors' Allocations

Beyond passenger carriers, cargo airlines are eligible for US$4 billion in cash grants, while airport contractors, which include businesses providing services like catering and cleaning, can receive US$3 billion in grants. These provisions extend support to a broader segment of the aviation ecosystem impacted by the downturn.
Loan Eligibility for Aviation Sector

Complementing the cash grants, passenger airlines, cargo carriers, and airport contractors are also eligible to receive loans. The total value of these loans is equivalent to the amount of cash grants each category can receive. This dual approach of grants and loans aims to provide comprehensive financial relief to the aviation sector.

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How much total aid are US airlines eligible for under the CARES Act?

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