CMA CGM's $20bn US pledge: all fur coat and no knickers
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By Alex Lennane
Atlas Air, Kalitta Air, Western Global and Amerijet have been asked to return $631m in coronavirus funding, paid via the US Payroll Support Programme.
Congressman James Clyburn, chairman of the select subcommittee on the coronavirus crisis, wrote to each chief executive asking them to demonstrate that the funds were needed to keep on workers or send the money back.
Atlas Air received $406m in funding; Kalitta got $161m; Western Global received $34m and Amerijet got $30m.
Atlas Air, the only one of the ...
Comment on this article
Stephen Webster
November 30, 2020 at 12:22 amAtlas air and any other air , truck train cargo companies that made a net profit of over one million dollars in 2020 and got over $10,000 dollars in wages subsidy or other gov assistance should not be allowed to bid on any gov. transportation logistics , construction or road contract in the rest of 2020 and all of 2021. Many smaller trucking companies and repair shops did not apply or take this money so it would be available for others who needed it. Some large trucking companies in Ontario Canada got from 5 million upto almost 100 million dollars this year. All transportation companies that had good profits should be made to pay a special tax on net profits over one million dollars who got coronavoius aid money.