Search
  • ARRA Office

Concessionaires Seek Rent Relief As Cares Act Money Flows

Updated: May 28

Airport concessionaires are hoping to see part of the $10 billion awarded to airports through the CARES Act flow to them in the form of rent waivers and other assistance in the midst of the COVID-19 pandemic.


In a panel convened by conference call yesterday, hosted by the Airport Restaurant and Retail Association (ARRA) and the Airport Minority Advisory Council (AMAC), industry experts said more in-depth Federal Aviation Administration guidelines are expected later this week, but that the CARES Act language suggests that airports can use the money for any lawful purpose.


READ THE FULL ARTICLE HERE


Source: Airport Experience News

Date of Article: Apr 2, 2020

0 views

8120 N. Lehigh Avenue, Suite 100

Morton Grove, IL 60053

Email : info@arra-airports.com

Tel: 847-324-7883