The Department of Treasury is acting with uncharacteristic swiftness in the wake of the passage of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). On March 30, 2019, the Department released its preliminary guidance on how eligible aviation businesses can receive loans pursuant to Subpart A of the Act, and how air carriers can obtain payroll relief pursuant to Subpart B of the Act. … Read More
FREE WEBINAR – 2 PM, THURSDAY, APRIL 2
President Trump has signed a record-breaking $2 trillion stimulus and aid package to help combat the COVID-19 epidemic. As expected, there is a lot of money in the bill for aviation, including loan guarantees and payroll assistance for passenger and cargo carriers.
There is also good news for other aviation related businesses. The bill extends relief to contractors and service providers of airlines, such as caterers and baggage handlers, as well businesses that perform inspection, repair, replace, or overhaul services on aircraft. … Read More
With the wrenching and pervasive cessation of normal business and societal activities in the past few weeks, Fox Rothschild has been addressing questions from transportation industry clients concerning their ongoing responsibilities for complying with U.S. Department of Transportation (DOT) drug and alcohol testing requirements during these difficult times.
On March 23, 2020, DOT issued Guidance on Compliance with Drug and Alcohol Testing Regulations. … Read More
Today’s new normal is that nothing will be normal. It seems that each day we are greeted with yet another federal, state, or local order restricting activity. These have ranged from travel advisories, to local bar and restaurant closures, to the statewide closing of all non-essential businesses.
What all of these shut-down orders have in common, however, is that there is little or no lead time between the issuance of the order and when it goes into effect.… Read More