Trump Administration Let Private Jet Industry Triple-Dip in Pandemic Aid Despite Sky-high Demand

The boost to unemployment insurance began expiring at the end of July, leaving the unemployed without a “vital financial cushion.” And while individuals unable to return to work are facing financial uncertainty and “collapsing incomes,” demand for private jets is soaring and Trump is promising even more aid to their industry.

Overall, the private jet industry has accessed up to $666 million in pandemic relief aid via the Payroll Support Program, the Economic Injury Disaster Loan (EIDL) program, and the Paycheck Protection Program (PPP). To date, the Trump administration has given private jet companies $508.7 million in grants from the Payroll Support Program, over $7.5 million in EIDL aid, and as much as $149.9 million in PPP funds. And at least 26 private jet companies have been given access to all three programs, taking up to $65.75 million in federal COVID stimulus funds between them