Originally Posted by
Andrew_VT
Originally Posted by
Andrew_VT
You don't need to know collective wages... only how much money was given to the airline and how many jobs it saved (and for how long). Then when you get to well over a million dollars per year per job saved you can hopefully realize the nature of the bailout for yourself.
I was asking these questions for a reason, and that reason is not that I'm too lazy to google myself.
The reason I ask, is because the law as it is written doesn't allow for what you are saying. Really I should say that it doesn't allow for what that blogger is alleging. The amount an airline could receive under PSP2 is equal to 1.) the amount received under PSP, or 2.) the amount of salaries and benefits reported by the passenger air carrier to the Department of Transportation for the period from October 1, 2019 through March 31, 2020. The amount received for PSP1 was determined using the same methodology, with a different sample of monthly wage expenses. Also, the money received is limited solely to the continuation of employee wages, salaries and benefits.
All this to say that I will read the law itself and laugh at some blogger writing hit pieces for clicks. He sure seems to like Delta though.