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Published at Thursday, March 28th, 2019 - 22:01:45 PM. Type of airline. By Anson Busch.

Ultimately the federal government provided $4.6 billion in one-time subject-to-income-tax cash payments to 427 U.S. air carriers with no provision for repayment essentially a gift from the taxpayers. (Passenger carriers operating scheduled service received approximately $4 billion subject to tax.) 48 In addition the ATSB approved loan guarantees to six airlines totaling approximately $1.6 billion. Data from the U.S. Treasury Department show that the government recouped the $1.6 billion and a profit of $339 million from the fees interest and purchase of discounted airline stock associated with loan guarantees.

Other factors such as surface transport facilities and onward connections will also affect the relative appeal of different airports and some long distance flights may need to operate from the one with the longest runway. For example LaGuardia Airport is the preferred airport for most of Manhattan due to its proximity while long-distance routes must use John F. Kennedy International Airport s longer runways.



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