ADVOCACY |
ADVOCACY |
Dear Speaker Pelosi, Majority Leader McConnell, Senate Minority Leader Schumer and House Minority Leader McCarthy:
As you seek to build upon the critical programs and policies established by previous legislation to bolster the nation against the devastating impacts of the COVID-19 pandemic, we write to ask your support in ensuring that airport concessionaires receive not less than $5 billion in targeted funding required for our industry to survive this national crisis. While the coronavirus has impacted all sectors of the global economy, it has had a disproportionate impact on industries associated with travel and particularly airport concessionaires who rely on airport passenger traffic. Consequently, the steep, rapid and drastic decline in airline travel has been devastating, forcing many operators early on to reduce staff, temporarily close their doors or consider shuttering their operations altogether.
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Fact #1
Air Traffic Will Not Recover This Year Enplanement projections on which any short-term relief plan for airport concessions is based, should be cautious and conservative given the current sharp level of traffic decline and complete uncertainty surrounding the duration of the COVID19 pandemic. Since the declaration of the public health emergency four months ago, airline passenger traffic fell more than 95% from 2019 (pre-pandemic) levels. During May, there was a slight recovery. According to Airlines for America (A4A), the trade association of U.S. airlines, for the week ending May 24:
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