U.S. Airports Could Exhaust CARES Acts Funds In 2021, Moody’s Says

Ben Goldstein December 02, 2020
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Credit: Rob Finlayson
Large U.S. airports could exhaust the federal aid they received in 2020 unless passenger volumes significantly improve in 2021, a new report from Moody’s found. American airports received $10 billion in grants last spring from the CARES Act, which has helped keep them afloat while passenger numbers...
Ben Goldstein

Based in Washington, Ben covers Congress, regulatory agencies, the Departments of Justice and Transportation and lobby groups.

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