Washington: Biden Administration generates $ 482 million for aviation industry manufacturers to help them avoid work or pay pandemic cuts.
Relief funded by taxpayers will cover up to half of the payroll costs in 313 companies, according to the Department of Transportation, which say Thursday will help save up to 22,500 jobs.
Air travel dropped due to the spread of Covid-19.
The Delta variant has caused an increase in cancellations and reduced trips in recent months.
More than 100,000 Aerospace work has been lost in the industry that has employed around 2.2 million people, according to the Department of Transportation.
The biggest receiver funds announced Monday is Spirit Aerosystems, Boeing supplier based in Kansas, which stands to get $ 75.5 million that the government will help protect 3.214 jobs.
Parker-Hannifin Corp.
Ohio, which makes the hydraulic system for aircraft, will get $ 39.7 million.
The Avionics unit from Panasonic Japan, based in California, will get $ 25.8 million, and some US subsidiaries Safran SA will get a total of $ 24.8 million.
Money for aerospace company came from a $ 1.9 trillion package approved by the Congress and was signed by President Joe Biden in March.
This relief is similar to a much greater assistance program for the US airline, which has received $ 54 billion in the past half a year.
The airline also agreed not to find workers, but they eliminate tens of thousands of jobs by offering incentives for employees to stop or retire early.
Critics labeled Audline Aid a bailout numbered several hundred thousand dollars for each job that was avoided from – 75,000 jobs, based on several estimates.
Defenders such as American Airlines CEO Doug Parker said that without the help of the government, the airline would be forced to close when traffic fell to a level that was not seen since the 1950s.
Federal aviation administration, part of the Ministry of Transportation, recently provided $ 100 million to Aerospace companies including Boeing, the General Electric flight division and the Jet Pratt & Whitney engine maker to make the plane less polluting and quieter.