Congress looks to cut $2b from COVID aviation jobs fund
A proposed bill to fund the US government's operations through September would cut $2b from a COVID-19 program to boost aviation manufacturing and repair businesses. The US House of Representatives is set to vote on the bill on Wednesday that redirects $15.6b in COVID-19 relief programs to other COVID programs. In total, the US DoT has offered $673m nationwide in three rounds of awards in the $3b program. The aviation manufacturing payroll subsidy program created in 2021 covers up to half of eligible companies' compensation costs for up to six months. Some major aerospace firms like Boeing and General Electric opted not to participate. Grantees may not conduct furloughs without employee consent or lay off workers covered by subsidies during that period. Among the 593 awards offered were $75.5m to Spirit AeroSystems, $20.9m for Connecticut-based Hexcel Corp, $17.5m to BAE Systems Controls, $12.9m to Airbus' US arm, $15m to Learjet, a unit of Bombardier Inc, and $12.5m to Dassault Falcon Jet Corp. France's Safran, the world's third-largest aerospace supplier, was offered about $40m for various US units. The department said the awards will support 31,000 US jobs in 43 states.<br/>
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Congress looks to cut $2b from COVID aviation jobs fund
A proposed bill to fund the US government's operations through September would cut $2b from a COVID-19 program to boost aviation manufacturing and repair businesses. The US House of Representatives is set to vote on the bill on Wednesday that redirects $15.6b in COVID-19 relief programs to other COVID programs. In total, the US DoT has offered $673m nationwide in three rounds of awards in the $3b program. The aviation manufacturing payroll subsidy program created in 2021 covers up to half of eligible companies' compensation costs for up to six months. Some major aerospace firms like Boeing and General Electric opted not to participate. Grantees may not conduct furloughs without employee consent or lay off workers covered by subsidies during that period. Among the 593 awards offered were $75.5m to Spirit AeroSystems, $20.9m for Connecticut-based Hexcel Corp, $17.5m to BAE Systems Controls, $12.9m to Airbus' US arm, $15m to Learjet, a unit of Bombardier Inc, and $12.5m to Dassault Falcon Jet Corp. France's Safran, the world's third-largest aerospace supplier, was offered about $40m for various US units. The department said the awards will support 31,000 US jobs in 43 states.<br/>
