Alerts3.9.21
Battered Airline Industry Lifted by the American Rescue Plan
Highlights
The airline industry continues to face pandemic-related decreases in air travel and passenger loads
The American Rescue Plan contains additional funding to support the airline industry and aerospace supply chain
Despite vaccinations, social distancing, masks and other countermeasures, passenger loads remain at approximately 60 percent of pre-pandemic air travel
The American Rescue Plan, which passed the U.S. House and the Senate, is expected to move through to President Biden’s desk before March 14. The plan has a number of proposed benefits for the aviation sector and aerospace supply chain.
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