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Update to the Report on Pandemic Relief for Aviation Workers (03/29/2021)

Summary

A U.S. Department of the Treasury report dated March 29, 2021 updating its November 1, 2020 report on pandemic relief for aviation workers under section 4118 of the CARES Act, covering the Payroll Support Program (PSP1) established under Division A, Title IV, Subtitle B of the Act. It states that the CARES Act required Treasury to provide financial assistance to air carriers and certain contractors to be used exclusively for employee wages, salaries and benefits, authorizing up to $25 billion for passenger air carriers, $4 billion for cargo air carriers and $3 billion for contractors. It reports that since the November Report Treasury disbursed $446 million in available remaining PSP1 funds in February and March 2021.

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               Updated Report on Pandemic Relief for Aviation Workers

                             Pursuant to Section 4118 of the
                    Coronavirus Aid, Relief and Economic Security Act

                                               March 29, 2021
Introduction
This report updates a report issued by the U.S. Department of the Treasury dated November 1,
2020 (November Report), regarding the financial assistance Treasury provided to air carriers and
contractors through the Payroll Support Program (PSP1), which was established under Division
A, Title IV, Subtitle B, of the Coronavirus Aid, Relief, and Economic Security (CARES) Act. 1
The CARES Act required Treasury to provide financial assistance to air carriers and certain
aviation contractors, 2 to be used exclusively for the continuation of payment of employee wages,
salaries, and benefits. Treasury was authorized to provide up to $25 billion for passenger air
carriers, $4 billion for cargo air carriers, and $3 billion for contractors. The CARES Act
specified the amount of financial assistance each participant 3 could receive. The November
Report describes requirements applicable to all PSP1 participants. Treasury published initial
guidelines and application procedures for PSP1 on March 30, 2020 and received more than 1,000
applications. Treasury ultimately finalized agreements with a total of 615 participants.
Altogether, Treasury approved $28.7 billion of payroll support under PSP1. Treasury continues
monitoring recipients for compliance with applicable requirements.
Subsequent legislation authorized two additional rounds of payroll support. Subtitle A of Title
IV of Division N of the Consolidated Appropriations Act, 2021, which was enacted into law on
December 27, 2020, authorized Treasury to provide $16 billion of assistance to passenger air
carriers and certain contractors (PSP2). The American Rescue Plan Act of 2021, which was
enacted on March 11, 2021, authorized Treasury to provide a further $15 billion to passenger air
carriers and contractors that participated in PSP2 (PSP3). Treasury continues to review
applications for PSP2 and has not yet begun disbursing funds under PSP3. The Consolidated
Appropriations Act, 2021, also introduced requirements for PSP1 and PSP2 participants to recall
certain employees who had been involuntarily furloughed, resulting in the issuance of an
estimated 60,000 recall notices. Treasury has authority to waive this requirement for certain
contractors but has not granted any waivers as of the date of this report.


1
  This report is submitted under section 4118(b) of Division A of the CARES Act.
2
  The CARES Act defines eligible contractors as a person that performs, under contract with a passenger air carrier
conducting operations under 14 CFR part 121, (1) catering functions or (2) functions on the property of an airport
that are directly related to the air transportation of persons, property, or mail, including but not limited to loading
and unloading of property on aircraft; assistance to passengers under 14 CFR part 382; security; airport ticketing and
check-in functions; ground-handling of aircraft; or aircraft cleaning and sanitization functions and waste removal. A
subcontractor that performs such functions is also eligible.
3
  Entities that received Payroll Support assistance are referred to as PSP “participants” throughout this report.

                                                                                                                     1
As compensation for the assistance provided in the PSP1 and PSP2, the participants receiving the
largest amounts of funding under the program have issued to Treasury notes in an aggregate
principal amount of $11 billion and warrants to purchase shares of common stock with a current
estimated market value of approximately $1 billion. Treasury will continue to receive additional
notes and warrants as additional disbursements in PSP2 and PSP3 are made.
Consistent with section 4118 of the CARES Act, this report focuses on PSP1. Details on PSP2
and PSP3 are available at https://home.treasury.gov/policy-issues/cares/preserving-jobs-for-
american-industry.
Payroll Support Provided in PSP1
Treasury approved a total of $28.7 billion of assistance for 615 PSP1 participants. The last
agreement for a PSP1 participant was entered into on October 16, 2020. As shown in the table
below, this amount includes $24.9 billion for 357 passenger air carriers, $849 million for 42
cargo air carriers, and $2.8 billion for 216 aviation contractors.


        Number and Amounts of Payroll Support by Participant Type as of March 22, 2021
                                                                      Participants
                                                                       Payroll Support
 Passenger Air Carriers                                    357               $24,974,623,949
 Cargo Air Carriers                                         42                  $849,106,760
 Contractors                                               216                $2,836,077,079
 Total                                                     615               $28,659,807,789
Note: count includes five agreement withdrawn at the participant’s request.


Since the November Report, Treasury disbursed $446 million in available remaining PSP1 funds
in February and March 2021. 4 As a result of these disbursements, contractors in PSP1 generally
received total amounts equal to 90% of their potential awardable amount, as calculated prior to
initial pro rata reductions.
As described in the November Report, all PSP participants are required to submit quarterly
reports to Treasury, including certifications of their compliance with the terms and conditions of
their PSP Agreements and details regarding their expenditure of payroll support funds, financial
statements, and employee headcount and compensation. Treasury has received reports for the
second quarter, third, and fourth quarters of 2020.
Appendix A lists all PSP1 participants, and Appendix B lists the 35 participants that provided
Treasury with financial instruments as taxpayer compensation. Up-to-date lists of PSP recipients
and other information regarding the PSP are also available at https://home.treasury.gov/policy-
issues/cares/preserving-jobs-for-american-industry.



4
    A total of 15 contractors declined the additional distribution.

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Appendix A:
Table 1 – Passenger Air Carriers
                  Participant1                   City2      State2   Agreement Date3       Payroll Support
PM AIR LLC                           KETCHIKAN               AK                4/20/2020           $317,394
WINGS AIRWAYS LLC                    JUNEAU                  AK                4/20/2020           $639,332
REDEMPTION INC.                      KODIAK                  AK                4/20/2020           $646,061
EGLI AIR HAUL INC.                   KING SALMON             AK                4/23/2020           $176,837
DENALI AIR INC.                      DENALI NATIONAL PARK    AK                4/24/2020           $144,866
RUST'S FLYING SERVICE INC            ANCHORAGE               AK                4/24/2020          $2,337,749
GRANT AVIATION INC.                  ANCHORAGE               AK                4/24/2020          $5,187,860
BERING AIR INC.                      NOME                    AK                4/24/2020          $5,523,167
KALININ AVIATION LLC                 JUNEAU                  AK                4/27/2020          $2,686,049
LAKE AND PENINSULA AIRLINES INC.     PORT ALSWORTH           AK                4/29/2020           $341,675
WARD AIR INC.                        JUNEAU                  AK                4/29/2020           $695,531
ALPINE AIR ALASKA LLC                GIRDWOOD                AK                4/29/2020           $853,055
PAKLOOK AIR INC.                     BETHEL                  AK                4/29/2020          $1,326,490
NORTHSTAR TREKKING LLC               KETCHIKAN               AK               4/29/2020           $1,357,343
COASTAL HELICOPTERS INC.             JUNEAU                  AK                4/29/2020          $1,588,872
TEMSCO HELICOPTERS INC.              KETCHIKAN               AK                4/29/2020          $4,820,994
VENTURE TRAVEL LLC                   KETCHIKAN               AK                4/30/2020          $1,533,251
MISTY FJORDS AIR & OUTFITTING INC.   KETCHIKAN               AK                5/13/2020           $101,168
ISLAND WINGS AIR SERVICE LLC         KETCHIKAN               AK                5/13/2020           $164,265
SMOKEY BAY AIR INC.                  HOMER                   AK                5/13/2020           $363,374
PATHFINDER AVIATION LLC              ANCHORAGE               AK                5/13/2020          $2,348,964
VERTICAL SOLUTIONS LLC               VALDEZ                  AK                5/15/2020             $88,931
NORTHWIND AVIATION LLC               HOMER                   AK                5/19/2020             $55,456
SCOTT AIR LLC                        KLAWOCK                 AK                5/19/2020           $931,449
JEFFREY J CARLIN                     KETCHIKAN               AK                5/20/2020           $137,280
SEAWIND AVIATION INC.                KETCHIKAN               AK                5/22/2020           $198,693


                                                                                                             3
                  Participant1                   City2   State2   Agreement Date3       Payroll Support
RIDGELINE AVIATION INC               CORDOVA              AK                5/27/2020             $27,911
SOUTHEAST AVIATION LLC               KETCHIKAN            AK                5/28/2020           $181,924
WARBELOW'S AIR VENTURES INC.         FAIRBANKS            AK                5/28/2020           $902,826
WRIGHT AIR SERVICE INC.              FAIRBANKS            AK                5/28/2020          $2,254,110
ALASKA RELIANT INC                   ANCHORAGE            AK                6/11/2020           $493,705
ALPHA AVIATION LLC                   ANCHORAGE            AK                6/15/2020           $345,408
SPERNAK AIRWAYS INC                  ANCHORAGE            AK                6/17/2020           $245,976
CLEARWATER AIR INC                   ANCHORAGE            AK                6/18/2020           $335,162
AIR EXCURSIONS LLC                   JUNEAU               AK                6/23/2020           $114,328
ILIAMNA AIR TAXI INC.                ILIAMNA              AK                7/15/2020           $478,640
BERYL AIR LLC                        HOMER                AK                7/28/2020              $2,211
ULTIMA THULE INC                     CHITINA              AK                7/29/2020           $295,924
BELUGA AIR LLC                       HOMER                AK                 8/5/2020             $47,416
CORVUS AIRLINES INC.                 ANCHORAGE            AK                8/19/2020         $15,489,546
BRANCH RIVER AIR SERVICE INC.        ANCHORAGE            AK                 9/3/2020           $142,846
ALASKA SKYWAYS INC                   ANCHORAGE            AK                 9/4/2020           $256,527
YUKON AIR SERVICE INC.               FAIRBANKS            AK                9/11/2020           $141,811
TRAIL RIDGE AIR INC.                 ANCHORAGE            AK                9/15/2020           $165,371
K BAY AIR LLC                        HOMER                AK                9/15/2020           $529,513
RENFRO'S ALASKAN ADVENTURES INC.     BETHEL               AK                9/16/2020             $65,210
COYOTE AIR LLC                       FAIRBANKS            AK                9/16/2020             $74,837
COOK INLET AVIATION LLC              FRITZ CREEK          AK                9/21/2020             $71,329
SHADOW AVIATION INC.                 FAIRBANKS            AK                10/5/2020             $14,076
TRINITY AIR INC                      FAIRBANKS            AK                10/5/2020             $31,280
JET SERVICES INC                     MOBILE               AL                4/20/2020           $306,172
SOUTHERN SKY AVIATION CHARTERS LLC   BIRMINGHAM           AL                 6/4/2020           $375,204
SIERRA PACIFIC AIRLINES              TUCSON               AZ                4/20/2020           $958,712
MESA AIRLINES INC.                   PHOENIX              AZ                4/20/2020         $95,144,443
ALANTE AIR CHARTER LLC               SCOTTSDALE           AZ                4/24/2020           $747,725
PINNACLE AIR CHARTER LLC             SCOTTSDALE           AZ                4/24/2020          $1,854,016

                                                                                                          4
                   Participant1                     City2   State2   Agreement Date3       Payroll Support
WORLDWIDE JET CHARTER INC.              PHOENIX              AZ                 5/8/2020          $4,300,691
JR STAFFING LLC                         PRESCOTT             AZ                6/17/2020           $316,005
CUTTER FLIGHT MANAGEMENT INC            PHOENIX              AZ                6/24/2020           $557,033
ELITE FLIGHT TRAVEL LLC                 SCOTTSDALE           AZ                6/26/2020             $41,872
JET METHODS INC                         CARLSBAD             CA                4/20/2020           $278,641
SP AVIATION INC                         OAKLAND              CA                4/20/2020           $377,521
MIRA VISTA AVIATION INC.                SANTA ANA            CA                4/20/2020           $552,982
SACRAMENTO EXECUTIVE HELICOPTERS INC.   ELK GROVE            CA                4/20/2020           $591,365
GUARDIAN HELICOPTERS INC.               FILLMORE             CA                4/20/2020           $689,344
TANGO AIR INC.                          CARLSBAD             CA                4/20/2020          $1,193,712
DREAMLINE AVIATION LLC                  VAN NUYS             CA                4/20/2020          $1,847,100
SCOTT AVIATION LLC                      FRESNO               CA                4/20/2020          $3,640,207
SUN AIR JETS LLC                        CAMARILLO            CA                4/20/2020          $3,882,482
CLAY LACY AVIATION INC.                 VAN NUYS             CA                4/20/2020         $27,717,716
ADVANCED AIR LLC                        HAWTHORNE            CA                4/23/2020          $2,845,707
MACH ONE AIR CHARTERS INC               CHINO                CA                4/24/2020           $937,313
PEGASUS ELITE AVIATION INC.             VAN NUYS             CA                4/24/2020          $3,752,680
AIR 7 LLC                               CAMARILLO            CA                4/29/2020          $1,296,501
TRANS-EXEC AIR SERVICE INC              VAN NUYS             CA                4/29/2020          $2,024,208
PACIFIC COAST JET LLC                   OAKLAND              CA                4/30/2020          $1,967,031
ISLAND EXPRESS HELICOPTERS INC.         LONG BEACH           CA                 5/1/2020           $621,318
SPECIALIZED HELICOPTERS INC             WATSONVILLE          CA                 5/4/2020           $184,272
LOYD'S AVIATION                         BAKERSFIELD          CA                 5/4/2020           $801,133
C.C. CALZONE LLC                        SANTA ANA            CA                 5/7/2020           $713,613
PRECISION AVIATION INC.                 FRESNO               CA                5/11/2020             $94,936
CTP AVIATION LLC                        HAYWARD              CA                5/12/2020          $1,525,514
CHANNEL ISLANDS AVIATION INC.           CAMARILLO            CA                5/13/2020           $967,826
WESTERN AIR CHARTER INC.                VAN NUYS             CA                5/13/2020         $11,817,843
AIR RUTTER INTERNATIONAL LLC            LONG BEACH           CA                5/14/2020          $2,348,300



                                                                                                             5
              Participant1                       City2   State2   Agreement Date3       Payroll Support
SUPERIOR TRANSPORTATION ASSOCIATES
INC                                   COSTA MESA          CA                5/18/2020          $3,729,662
MODESTO EXECUTIVE AIR CHARTER INC.    MODESTO             CA                5/19/2020           $793,926
DESERT JET CHARTER LLC                THERMAL             CA                5/19/2020          $1,023,489
PREMIER AIR CHARTER LLC               CARLSBAD            CA                5/21/2020             $56,485
MCLEAN AVIATION SERVICES INC.         NAPA                CA                5/21/2020           $207,316
BOUTIQUE AIR INC                      SAN FRANCISCO       CA                5/27/2020          $8,227,832
GOLDEN STATE JET LLC                  VAN NUYS            CA                 6/2/2020           $313,412
INFORMART A CA CORP.                  WATSONVILLE         CA                 6/4/2020             $17,126
STARJET INC.                          LOS ANGELES         CA                 6/4/2020           $280,892
MTE AIR VENTURES INC.                 SAN CARLOS          CA                 7/2/2020           $115,176
AIR CARITAS CORPORATION               NEWPORT BEACH       CA                7/20/2020          $5,286,146
POLARIS RESEARCH & DEVELOPMENT INC.   SAN FRANCISCO       CA                 8/3/2020          $1,140,353
ELDORADO AIR LLC                      SACRAMENTO          CA                8/25/2020          $1,080,060
KEY LIME AIR CORPORATION              ENGLEWOOD           CO                4/20/2020          $4,717,394
MOSER AVIATION LLC                    ENGLEWOOD           CO                4/23/2020           $444,223
PRIME JET US LLC                      ENGLEWOOD           CO                4/29/2020          $2,216,718
MOUNTAIN AVIATION INC                 BROOMFIELD          CO                4/29/2020          $7,380,719
FRONTIER AIRLINES INC.                DENVER              CO                4/30/2020        $210,808,088
MAYO AVIATION INC.                    ENGLEWOOD           CO                5/12/2020          $3,091,145
INTERNATIONAL JET AVIATION SERVICES
INC.                                  CENTENNIAL          CO                5/18/2020          $1,021,556
M&N EQUIPMENT LLC                     ENGLEWOOD           CO                5/19/2020           $271,553
ASI CHARTERS                          ENGLEWOOD           CO                 6/8/2020           $458,372
TRADEWIND AVIATION LLC                OXFORD              CT                4/29/2020          $3,780,898
CURTISS AERO LLC                      DANBURY             CT                6/16/2020           $210,014
AERO WAYS INC.                        NEW CASTLE          DE                5/27/2020          $1,603,763
DUMONT AIRCRAFT CHARTER LLC           NEW CASTLE          DE                 7/8/2020          $3,004,937
JETEX LLC                             STUART              FL                4/20/2020           $197,431
JET ACCESS AVIATION LLC               WEST PALM BEACH     FL                4/20/2020          $2,153,199
SILVER AIRWAYS LLC                    FORT LAUDERDALE     FL                4/20/2020         $14,010,323


                                                                                                          6
                  Participant1                       City2   State2   Agreement Date3       Payroll Support
SPIRIT AIRLINES INC.                     MIRAMAR              FL                4/20/2020        $344,426,582
CARIBBEAN SUN AIRLINES INC.              VIRGINIA GARDEN      FL                4/23/2020          $6,305,017
JANNUS AIR INC.                          TAMPA                FL                4/24/2020             $51,221
FLORIDA AEROCHARTER INC.                 KEY WEST             FL                4/24/2020             $72,726
AIRGATE AVIATION INC.                    NEW SMYRNA BEACH     FL                4/24/2020           $342,663
CATALINA AEROSPACE CORPORATION           N MIAMI              FL                4/29/2020           $219,773
EXECUTIVE AVIATION CORPORATION           MIAMI                FL                4/29/2020           $629,854
PRESIDENTIAL AVIATION INC.               FORT LAUDERDALE      FL                4/29/2020          $3,003,829
TURNKEY JET INC.                         WEST PALM BEACH      FL                 5/4/2020           $123,808
WALKABOUT AIR INC                        TAMPA                FL                 5/5/2020           $144,895
PRIVATEFLY LLC5                          FT. LAUDERDALE       FL                 5/5/2020           $155,849
AIR TREK INC.                            PUNTA GORDA          FL                 5/5/2020           $692,070
SEABORNE VIRGIN ISLANDS INC.             FORT LAUDERDALE      FL                5/11/2020          $4,048,337
TROPIC OCEAN AIRWAYS LLC                 FORT LAUDERDALE      FL                5/12/2020          $1,736,032
EXECUTIVE AIRLINK INC.                   WEST PALM BEACH      FL                5/13/2020           $108,794
REVA INC.                                FORT LAUDERDALE      FL                5/13/2020          $5,636,010
FLORIDA JET SERVICE INC.                 FORT LAUDERDALE      FL                5/20/2020           $594,102
SKY ONE HOLDINGS LLC                     BOCA RATON           FL                5/21/2020          $2,444,523
WILDERNESS AIRCRAFT CO. LLC              FORT LAUDERDALE      FL                5/22/2020             $31,984
JET 1 CHARTER INC.                       NAPLES               FL                5/22/2020           $359,916
ACE AVIATION SERVICES CORP               FORT LAUDERDALE      FL                5/28/2020          $2,017,658
TREASURE AIR CHARTERS LLC                MIAMI                FL                 6/2/2020             $23,212
EASTERN AIR EXPRESS INC                  MIRAMAR              FL                 6/2/2020             $59,614
AIRWAY AIR CHARTER INC D/B/A NOBLE AIR
CHARTER                                  OPA LOCKA            FL                6/11/2020             $46,160
EXPRESS AIR MEDICAL TRANSPORT LLC        ST PETERSBURG        FL                6/11/2020             $95,458
PREMIER AIR INC                          STUART               FL                6/16/2020          $1,128,703
XOJET AVIATION LLC                       FORT LAUDERDALE      FL                6/16/2020         $15,184,348
RENNIA AVIATION LLC                      GAINESVILLE          FL                6/17/2020           $224,709
SOUTHERN AIRWAYS EXPRESS LLC             POMPANO BEACH        FL                6/19/2020          $8,430,585


                                                                                                              7
                Participant1                   City2   State2   Agreement Date3       Payroll Support
AAW HOLDINGS LLC                    CLEARWATER          FL                6/22/2020          $1,489,205
CUBA CHARTER SERVICES LLC           HIALEAH             FL                6/26/2020           $203,251
AIRCRAFT EVALUATION & MANAGEMENT
INC.                                ORLANDO             FL                6/30/2020           $399,803
EXPERTJET CHARTER INC               FORT LAUDERDALE     FL                7/16/2020             $39,100
CAM AVIATION INC                    JUPITER             FL                7/21/2020             $11,730
SWIFT AIR LLC                       MIAMI               FL                7/22/2020         $21,057,343
PANTHER AVIATION INC                NAPLES              FL                 9/9/2020           $197,164
MIAMI AIR INTERNATIONAL INC.        MIAMI               FL               10/16/2020         $12,752,346
MEDWAY AIR AMBULANCE LLC            LAWRENCEVILLE       GA                4/20/2020          $2,463,661
DELTA AIR LINES INC.                ATLANTA             GA                4/20/2020      $5,593,698,668
CCM COMPANY HOLDINGS INC.           LAWRENCEVILLE       GA                4/29/2020          $2,472,299
AIRSTAT INC.                        GROVETOWN           GA                 5/6/2020             $49,370
AIRSTAR INC.                        BISHOP              GA                 5/6/2020           $314,714
EXPRESSJET AIRLINES LLC             COLLEGE PARK        GA                5/11/2020        $113,064,836
ROTORWORKS LLC                      HIRAM               GA                5/21/2020           $111,155
NOVICTOR AVIATION LLC               HONOLULU            HI                4/20/2020           $452,104
SCHUMAN AVIATION COMPANY LTD MKHA
108K                                HONOLULU            HI                4/20/2020          $2,095,508
HAWAIIAN AIRLINES INC.              HONOLULU            HI                4/22/2020        $300,925,853
MID-PACIFIC AIR SERVICE LLC         HONOLULU            HI                5/13/2020           $180,601
JACK HARTER HELICOPTERS INC.        LIHUE               HI                5/19/2020          $1,154,389
HAWAII PACIFIC AVIATION INC.        KAILUA KONA         HI                5/21/2020           $814,173
K&S HELICOPTERS INC                 KAILUA KONA         HI                 6/1/2020          $1,845,087
MIDWEST FLYING SERVICE              SHELDON             IA                4/27/2020             $76,296
STOUT FLYING SERVICE INC            LEWISTON            ID                4/29/2020           $117,714
MCCALL AVIATION INC.                MCCALL              ID                 5/7/2020           $230,656
AVCENTER INC                        POCATELLO           ID                5/19/2020           $992,244
BLATTI AVIATION INC.4               ELWOOD              IL                4/20/2020                 $0
PRIESTER AVIATION                   WHEELING            IL                4/20/2020          $4,612,174
UNITED AIRLINES INC.                CHICAGO             IL                4/20/2020      $5,102,033,567


                                                                                                        8
                 Participant1                   City2   State2   Agreement Date3       Payroll Support
VALLEY AIR SERVICE INC.             GENEVA               IL                4/23/2020             $52,871
NORTHERN ILLINOIS FLIGHT CENTER     WHEELING             IL                4/29/2020           $985,389
DUPAGE AEROSPACE CORP               WEST CHICAGO         IL                5/13/2020           $875,414
JET AIR INC.                        GALESBURG            IL                5/18/2020          $1,335,378
AVIATION ADVISOR INC.               ANTICOH              IL                5/19/2020          $1,314,812
IMAGE AIR CHARTER LLC               WARSAW               IN                4/20/2020           $707,285
COLEMAN JET LLC                     GARY                 IN                4/29/2020           $287,644
AIRCRAFT CHARTER SERVICES INC.      GOSHEN               IN                4/29/2020           $361,591
REPUBLIC AIRWAYS INC.               INDIANAPOLIS         IN                5/12/2020        $211,949,425
FIRST WING MANAGEMENT LLC           INDIANAPOLIS         IN                 6/3/2020           $542,932
SOLUTIONS AIR CHARTERS LLC          BLOOMINGTON          IN                7/16/2020             $46,920
LYDDON AERO CENTER INC.             LIBERAL              KS                4/20/2020           $398,780
EXECUTIVE FLIGHT SERVICES LLC       LENEXA               KS                5/13/2020          $7,129,246
AIRMD LLC                           WICHITA              KS                6/12/2020          $4,538,235
NEXGEN AVIATION LLC                 LEXINGTON            KY                4/20/2020           $378,510
CREW AVIATION LLC                   LOUISVILLE           KY                6/25/2020           $506,296
TRITON AIRWAYS LLC                  LEXINGTON            KY                7/31/2020           $348,915
ROTORCRAFT LEASING COMPANY LLC      BROUSSARD            LA                 5/8/2020          $6,473,231
JPS AVIATION LLC                    MONROE               LA                5/11/2020           $581,354
AIR MED SERVICES L.L.C.             LAFAYETTE            LA                5/12/2020          $3,129,506
BTR AIR CHARTER & MANAGEMENT INC.   BATON ROUGE          LA                5/14/2020           $103,058
METRO AVIATION INC.                 SHREVEPORT           LA                5/28/2020         $41,488,592
PRO AIRWAYS LLC.                    PLYMOUTH             MA                4/20/2020           $580,034
HYANNIS AIR SERVICE INC.            HYANNIS              MA                4/20/2020         $15,146,061
SENTIENT JET CHARTER, LLC5          QUINCY               MA                 5/5/2020          $1,498,498
SENTIENT JET, LLC5                  QUINCY               MA                 5/5/2020          $5,489,579
NEW ENGLAND LIFE FLIGHT INC.        BEDFORD              MA                5/19/2020          $1,312,077
AIR-TAXI SERVICE AND SUPPORT LLC    BEDFORD              MA                6/10/2020           $122,407
EAST COAST FLIGHT SERVICES INC.     EASTON               MD                4/20/2020           $239,671
TRIDENT AIRCRAFT INC.               EASTON               MD                5/13/2020           $760,139

                                                                                                         9
                Participant1                   City2   State2   Agreement Date3       Payroll Support
K&R AVIATION LLC DBA OPENAIR       GAITHERSBURG         MD                 6/2/2020           $138,277
IBW AIR SERVICES LLC               MIDDLE RIVER         MD                 6/9/2020          $1,305,525
SKYTECH TRAVEL LLC                 WESTMINSTER          MD                 7/1/2020           $378,281
ELITE AIRWAYS LLC                  PORTLAND             ME                4/29/2020         $11,603,248
MAINE AVIATION AIRCRAFT CHARTER    SOUTH PORTLAND       ME                 7/2/2020          $1,784,142
PARADIGM JET MANAGEMENT INC.       MUSKEGON             MI                4/20/2020           $947,678
FRESH AIR AVIATION                 CHARLEVOIX           MI                4/24/2020           $177,399
BUSINESS JET MANAGERS INC.         CANTON               MI                4/29/2020           $230,266
NORTH COUNTRY AVIATION INC.        GAYLORD              MI                4/29/2020           $283,489
RAI JETS LLC                       STURGIS              MI                4/29/2020           $308,159
MCPHILLIPS FLYING SERVICE INC.     CHARLEVOIX           MI                4/29/2020           $320,151
CORPORATE FLIGHT INC.              WATERFORD            MI                4/29/2020           $463,271
NORTHERN JET MANAGEMENT INC.       GRAND RAPIDS         MI                4/29/2020          $2,944,177
PENTASTAR AVIATION CHARTER INC.    WATERFORD            MI                5/12/2020           $698,464
GREAT LAKES AIR INC.               ALPENA               MI                5/15/2020             $62,487
SUN COUNTRY INC.                   MINNEAPOLIS          MN                4/20/2020         $62,311,885
FLIGHT LEVEL AVIATION LLC.         BEMIDJI              MN                5/11/2020           $106,232
CLUB JET CHARTER LLC               EDEN PRAIRIE         MN                5/20/2020          $1,064,879
SCOTT'S HELICOPTER SERVICES INC.   LE SUEUR             MN                 7/6/2020           $932,469
SOUTHWEST AVIATION INC             MARSHALL             MN                7/16/2020           $778,671
GOJET AIRLINES LLC                 BRIDGETON            MO                4/24/2020         $36,483,050
AERO CHARTER INC.                  CHESTERFIELD         MO                 5/1/2020          $1,770,598
STAR MARIANAS AIR INC.             TINIAN               MP                7/10/2020          $1,293,523
SUMMIT AVIATION INC.               BELGRADE             MT                4/29/2020          $1,015,436
EXEC AIR MONTANA INC.              HELENA               MT                4/30/2020           $482,582
DAVINCI JETS LLC                   CHARLOTTE            NC                4/20/2020          $2,653,709
JEM AIR HOLDINGS LLC               RALEIGH              NC                 5/5/2020           $163,372
CAUSEY AVIATION SERVICE INC.       LIBERTY              NC                 5/8/2020          $1,003,451
FLYCAROLINA LLC                    CHARLOTTE            NC                5/12/2020           $341,056
SKY NIGHT LLC                      KINSTON              NC                5/13/2020           $342,733

                                                                                                    10
                  Participant1                    City2   State2   Agreement Date3       Payroll Support
EXCLUSIVE JETS LLC                   KINSTON               NC                5/13/2020          $7,596,221
FLIGHT GROUP CORPORATION             MORRISVILLE           NC                6/10/2020          $1,201,879
ORION AVIATION INC.                  SILER CITY            NC                6/11/2020             $13,213
EXECUTIVE AIR TAXI CORPORATION       BISMARCK              ND                 6/1/2020           $661,768
JET LINX AVIATION LLC                OMAHA                 NE                4/23/2020         $20,612,968
TREGO DUGAN AVIATION INC.            NORTH PLATTE          NE                4/29/2020           $719,439
ELEVATE JET LLC                      SEABROOK              NH                5/21/2020           $754,404
DAE AVIATION ENTERPRISES CORP        GILFORD               NH                5/22/2020           $136,144
JOE BRIGHAM INC.                     PEMBROKE              NH                5/22/2020          $1,235,716
COBALT AIR LLC                       PORTSMOUTH            NH                 6/4/2020          $7,088,469
AIR NEW ENGLAND LLC                  PORTSMOUTH            NH                 7/6/2020           $101,738
SUNNYFIELD AVIATION ASSOCIATES LLC   MORRISTOWN            NJ                4/24/2020           $104,390
ALLEGIANT AIR LLC                    LAS VEGAS             NV                4/20/2020        $176,889,331
GREAT WESTERN AIR LLC                LAS VEGAS             NV                4/29/2020          $1,923,729
EL AERO SERVICES                     ELKO                  NV                5/13/2020           $420,832
NORTHEASTERN AVIATION CORP           FARMINGDALE           NY                4/20/2020          $1,921,780
JETBLUE AIRWAYS CORPORATION          LONG ISLAND CITY      NY                4/23/2020        $962,842,466
ALTIUS AVIATION LLC                  SYRACUSE              NY                4/24/2020           $332,279
HOPSCOTCH AIR INC                    WHITE PLAINS          NY                4/29/2020           $116,165
WINGS AIR HELICOPTERS LLC            HARRISON              NY                4/29/2020           $205,672
VENTURA AIR SERVICES INC.            FARMINGDALE           NY                4/29/2020           $545,845
UNDERHILL HOLDINGS LLC               SCARSDALE             NY                4/29/2020           $719,476
TAILWIND AIR LLC                     RYE BROOK             NY                4/29/2020           $739,153
GO AVIATION INC.                     SARANAC LAKE          NY                 5/8/2020           $168,513
MERCY FLIGHT CENTRAL INC.            CANANDAIGUA           NY                5/11/2020          $1,508,375
THUNDERUN AVIATION CORPORATION       GLENWOOD              NY                5/15/2020           $202,126
PIONEER BUSINESS SERVICES LLC        NEWBURGH              NY                5/19/2020          $1,023,016
TALON AIR LLC                        FARMINGDALE           NY                5/27/2020          $5,352,922
WHEELS UP PARTNERS HOLDINGS LLC      NEW YORK              NY                6/10/2020         $76,375,714
ULTIMATE JETCHARTERS LLC             NORTH CANTON          OH                4/20/2020          $2,910,427

                                                                                                       11
                 Participant1                    City2   State2   Agreement Date3       Payroll Support
CHAMPLAIN ENTERPRISES LLC            NORTH OLMSTED        OH                4/20/2020         $26,439,393
CAPITAL CITY JET CENTER INC          COLUMBUS             OH                4/29/2020           $352,314
FLEXJET LLC5                         CLEVELAND            OH                 5/5/2020         $73,527,448
JETSELECT LLC                        COLUMBUS             OH                5/14/2020          $2,869,303
SKY QUEST LLC                        CLEVELAND            OH                5/19/2020          $2,264,706
MIDWEST JET CENTER LLC/MIDWEST JET
MANAGEMENT LLC                       CINCINNATI           OH                 6/8/2020          $1,208,778
AMERICAN JET CHARTER INC.            BETHANY              OK                4/24/2020           $156,879
OMNI AIR INTERNATIONAL LLC           TULSA                OK                5/20/2020         $67,427,857
PACJET INC                           GRANTS PASS          OR                4/20/2020             $56,661
HILLSBORO AVIATION INC.              HILLSBORO            OR                4/24/2020          $2,933,123
PRECISION LLC                        MCMINNVILLE          OR                4/29/2020          $1,474,420
PREMIER JETS INC.                    HILLSBORO            OR                5/12/2020           $533,911
COLUMBIA HELICOPTERS INC.            AURORA               OR                5/19/2020         $35,296,583
GLOBAL AVIATION INC                  HILLSBORO            OR                6/11/2020          $1,653,171
PUBLIC CHARTERS INC                  AVOCA                PA                4/20/2020           $107,743
HOLMAN LEASING SYSTEMS INC.          ZELIENOPLE           PA                4/20/2020           $797,822
EAST COAST JETS INC                  ALLENTOWN            PA                4/20/2020          $1,149,363
L.J. ASSOCIATES INC.                 LATROBE              PA                4/20/2020          $3,190,106
EASTERN AIRLINES LLC                 WAYNE                PA                4/20/2020          $9,527,690
AIRCRAFT MANAGEMENT GROUP            MOON TOWNSHIP        PA                4/29/2020          $1,211,359
TRUE AVIATION CHARTER SERVICES LLC   GOULDSBORO           PA                5/26/2020           $418,701
CORPORATE AIR LLC                    WEST MIFFLIN         PA                6/26/2020          $3,000,105
VIEQUES AIR LINK INC                 VIEQUES              PR                5/27/2020           $654,211
M&N AVIATION INC                     CAROLINA             PR                 6/2/2020           $279,540
NEW ENGLAND AIRLINES INC.            WESTERLY             RI                5/14/2020           $376,493
JET LOGISTICS INC.                   JOHNS ISLAND         SC                4/20/2020           $796,515
BANKAIR INC                          WEST COLUMBIA        SC                 5/8/2020           $324,135
AIR CHARTER EXPRESS INC              GREENVILLE           SC                5/13/2020              $6,154
HELICOPTER SOLUTIONS INC.            MYRTLE BEACH         SC                5/13/2020           $486,346


                                                                                                      12
                   Participant1                    City2   State2   Agreement Date3       Payroll Support
FENIX AIR CHARTER LLC                 SPARTANBURG           SC                5/22/2020             $59,734
SAI FLIGHT SERVICES INC.              GREER                 SC                6/10/2020             $34,586
HANGAR TWELVE LLC                     SUMTER                SC                 7/1/2020             $74,881
HEARTLAND AVIATION LLC                NORTH CHARLESTON      SC                 7/6/2020           $493,447
EXCEL AIRE LLC                        NORTH CHARLESTON      SC                 7/6/2020          $2,335,097
COLUMBIA AVIATION INC                 WEST COLUMBIA         SC                7/23/2020           $142,178
EAGLE AVIATION INC.                   WEST COLUMBIA         SC                8/31/2020          $1,779,758
ABERDEEN FLYING SERVICE               ABERDEEN              SD                4/20/2020           $241,568
CAPITAL CITY AIR CARRIER INC.         PIERRE                SD                4/23/2020           $316,759
BLACK HILLS HELICOPTERS INC           RAPID CITY            SD                4/29/2020             $75,592
CORPORATE FLIGHT MANAGEMENT INC.      SMYRNA                TN                4/20/2020          $7,195,699
GRANDE AVIATION LLC                   KNOXVILLE             TN                4/24/2020           $805,221
JETRIGHT AIR MANAGEMENT LLC4          NASHVILLE             TN                 8/4/2020                 $0
AIRCRAFT CHARTER MANAGEMENT EXPERTS   NASHVILLE             TN                4/29/2020           $678,292
HESSJET LLC                           MCDONALD              TN                6/16/2020             $99,932
JETRIGHT AEROSPACE HOLDINGS LLC       NASHVILLE             TN                6/18/2020           $810,105
PLANESMART! AVIATION LLC              ADDISON               TX                4/20/2020           $590,251
WORLD CLASS JET                       DALLAS                TX                4/20/2020           $827,001
AMERICAN JET INTERNATIONAL CORP       HOUSTON               TX                4/20/2020          $1,480,282
WING AVIATION CHARTER SERVICES LLC    HOUSTON               TX                4/20/2020          $4,877,533
AMERICAN AIRLINES INC.                FORT WORTH            TX                4/20/2020      $5,982,831,389
SOUTHWEST AIRLINES CO.                DALLAS                TX                4/21/2020      $3,353,526,454
TEM ENTERPRISES                       HOUSTON               TX                4/23/2020           $600,454
CAPITAL JET INC.                      HOUSTON               TX                4/24/2020             $93,141
TOWER AVIATION MANAGEMENT LLC         PFLUGERVILLE          TX                4/24/2020           $267,439
ALAMO HELICOPTER TOURS SAN ANTONIO
LLC                                   SAN ANTONIO           TX                4/29/2020             $24,088
NORTH DALLAS AVIATION INC             ADDISON               TX                4/29/2020           $370,737
STERLING AIR SERVICE LLC              CORPUS CHRISTI        TX                4/29/2020           $442,986
DELUX PUBLIC CHARTER LLC              DALLAS                TX                 5/7/2020          $9,217,799


                                                                                                        13
                 Participant1                         City2   State2   Agreement Date3       Payroll Support
HASKIN AVIATION LLC                      MIDLAND               TX                5/12/2020           $170,067
AVALAIR AIRCRAFT MANAGEMENT LLC          HOUSTON               TX                5/12/2020           $349,041
WINDSTAR AVIAITION                       ADDISON               TX                5/13/2020           $109,642
STARFLITE MANAGEMENT GROUP INC           HOUSTON               TX                5/13/2020           $856,850
CAREFLITE                                GRAND PRAIRIE         TX                5/14/2020         $15,183,840
RR INVESTMENTS INC                       ADDISON               TX                5/19/2020          $4,123,675
EMPYREAL JET INC                         HOUSTON               TX                5/20/2020             $92,501
THUNDERBIRD AIRWAYS INC.                 HOUSTON               TX                5/26/2020             $35,452
TIDAL AVIATION LLC                       BROOKSHIRE            TX                5/26/2020           $224,422
O'HARA AVIATION MANAGEMENT SERVICES
LC                                       MCKINNEY              TX                 6/3/2020          $1,960,134
GULF COAST AVIATION INC.                 ROSENBERG             TX                 6/5/2020           $889,075
BERRY AVIATION INC.                      SAN MARCOS            TX                6/22/2020          $9,491,618
TODDCOE ENTERPRISES LLC                  NEW BRAUNFELS         TX                 7/1/2020           $132,621
FREEDOM JETS LLC                         SEGUIN                TX                 7/1/2020           $742,749
COCKRELL RESOURCES INC.                  HOUSTON               TX                 7/6/2020          $1,655,976
MOUNTAIN HIGH AVIATION LLC               SAN ANTONIO           TX                7/15/2020           $127,962
SUPERIOR AIR CHARTER LLC                 DALLAS                TX               10/16/2020          $6,484,308
SKYWEST AIRLINES INC.                    ST. GEORGE            UT                4/23/2020        $450,701,094
ALLIANT AVIATION LLC                     SALT LAKE CITY        UT                5/19/2020           $146,888
KEYSTONE AVIATION LLC                    SALT LAKE CITY        UT                 6/2/2020           $953,946
MERIDIAN AIR GROUP INC                   CHARLOTTESVILLE       VA                4/29/2020           $274,499
MARTINAIR INC.                           RICHMOND              VA                4/29/2020          $1,368,514
DOMINION AVIATION SERVICES INC.          RICHMOND              VA                4/29/2020          $1,553,238
CHANTILLY AIR INC.                       MANASSAS              VA                5/11/2020          $1,462,991
RITE BROS. AVIATION INC.                 PORT ANGELES         WA                 4/20/2020           $188,353
ISLAND AIR INC                           FRIDAY HARBOR        WA                 4/20/2020           $509,910
ALASKA AIRLINES INC.                     SEATTLE              WA                 4/23/2020      $1,020,911,166
SAN JUAN AIRLINES (RUGBY AVIATION LLC)   BELLINGHAM           WA                 4/24/2020           $361,790
KENMORE AIR HARBOR LLC                   KENMORE              WA                 4/27/2020          $2,992,504


                                                                                                           14
                         Participant1                                                      City2                             State2                Agreement Date3          Payroll Support
 GOLD AERO INC.                                                           ARLINGTON                                           WA                              7/7/2020                      $23,797
 MAXAIR INCORPORATED4                                                     OSHKOSH                                              WI                            4/20/2020                          $0
 AIR WISCONSIN AIRLINES LLC                                               APPLETON                                             WI                            4/20/2020              $42,184,798
 JET OUT LLC                                                              MILWAUKEE                                            WI                            4/29/2020                     $132,826
 RED WING AEROPLANE COMPANY                                               BAY CITY                                             WI                            4/29/2020                $2,777,034
 SC AVIATION INC.                                                         MONROE                                               WI                             6/9/2020                $4,749,989
 WISCONSIN AVIATION FOUR LAKES INC.                                       MADISON                                              WI                            6/30/2020                $1,905,135

 MOUNTAIN AIR SERVICES LLC                                                MORGANTOWN                                          WV                             7/31/2020                     $104,848
1.   In certain cases where multiple affiliated entities were approved as eligible recipients, only one affiliate or a parent company is listed.
2.   The location provided is the address included by participants in their applications and may not include all locations in which a recipient operates.
3.   Agreement Date is the date the PSP Agreement was fully executed.
4.   Withdrawn from participation.
5.   The agreements with Flexjet, LLC; Sentient Jet, LLC; Sentient Jet Charter, LLC; and Privatefly LLC replaced an agreement with One Sky Flight, LLC that was terminated on 12/7/2020.




                                                                                                                                                                                                15
Table 2 – Cargo Air Carriers
                   Participant1                     City2   State2   Agreement Date3        Payroll Support
NORTHERN AIR CARGO LLC                 ANCHORAGE             AK                 5/15/2020          $21,138,005
LYNDEN AIR CARGO LLC                   ANCHORAGE             AK                 5/27/2020          $21,761,805
70 NORTH LLC                           CHUGIAK               AK                  7/2/2020            $208,765
CATALINA FLYING BOATS INC.             LONG BEACH            CA                 5/12/2020            $569,176
WEST AIR INC.                          FRESNO                CA                 5/15/2020           $2,974,054
PAK WEST AIRLINES INC.                 OAKDALE               CA                  6/2/2020           $1,698,843
PACIFIC AIR CARGO COMPANY LLC          LOS ANGELES           CA                  7/6/2020           $1,829,613
MAUNA HELE LLC                         BOULDER               CO                  7/1/2020             $85,182
CONQUEST AIR INC.                      MIAMI LAKES           FL                  5/8/2020            $378,782
21 AIR LLC                             DORA                  FL                  5/8/2020           $2,305,289
AMERIJET INTERNATIONAL INC.            MIAMI                 FL                  5/8/2020          $30,352,860
NATIONAL AIR CARGO GROUP INC.          ORLANDO               FL                 5/11/2020          $15,817,488
LEGACY AIRWAYS LLC                     LAKELAND              FL                 5/12/2020            $449,592
SKY LEASE I INC.                       MIAMI                 FL                 5/19/2020          $13,659,484
WESTERN GLOBAL AIRLINES LLC            ESTERO                FL                  6/5/2020          $34,770,163
FLIGHTSTAR AIRCRAFT SERVICES LLC       JACKSONVILLE          FL                  6/9/2020          $20,121,925
IBC AIRWAYS INC.                       FT. LAUDERDALE        FL                 6/16/2020           $3,222,391
SKYWAY ENTERPRISES INC.                KISSIMMEE             FL                  8/5/2020            $403,408
AEKO KULA LLC                          HONOLULU              HI                 5/15/2020          $15,346,789
KAMAKA AIR INC.                        HONOLULU              HI                 5/26/2020            $602,339
GEM AIR LLC                            SALMON                ID                 5/26/2020            $337,215
EMPIRE AIRLINES INC.                   HAYDEN                ID                  7/1/2020          $14,467,146
PIA AVCENTER LLC                       PEOIRA                IL                  6/9/2020            $385,020
IFL GROUP INC.                         WATERFORD             MI                 5/13/2020           $1,920,149
ACTIVE AERO GROUP - USA JET AIRLINES   BELLEVILLE            MI                 5/19/2020          $21,673,914
GULF & CARIBBEAN CARGO INC.            WATERFORD             MI                 5/21/2020           $7,856,911
KALITTA AIR LLC                        YPSILANTI             MI                 9/17/2020        $161,458,421
BEMIDJI AVIATION SERVICES INC          BEMIDJI               MN                 5/11/2020           $2,182,229


                                                                                                          16
                            Participant1                                                   City2                              State2                Agreement Date3        Payroll Support
 BRANSON JETCENTER LLC                                                    HOLLISTER                                            MO                               6/4/2020            $327,882
 SUBURBAN AIR FREIGHT INC.                                                OMAHA                                                 NE                             7/15/2020           $1,194,590
 ATLAS AIR INC.                                                           PURCHASE                                             NY                              5/29/2020        $406,842,820
 CASTLE AVIATION INC                                                      NORTH CANTON                                         OH                              5/12/2020           $1,177,672
 AIR TRANSPORT INTERNATIONAL INC.                                         WILMINGTON                                           OH                              5/29/2020           $8,330,000
 OCEAN STATE AVIATION                                                     WARWICK                                               RI                              6/9/2020            $288,529
 BUSINESS AVIATION COURIER INC                                            SIOUX FALLS                                           SD                             5/11/2020           $1,206,698
 GTA AIR INC.                                                             ADDISON                                               TX                             5/13/2020            $919,148
 AMERIFLIGHT LLC                                                          DFW AIRPORT                                           TX                              6/9/2020          $15,804,274
 ALPINE AVIATION INC.                                                     PROVO                                                 UT                             8/18/2020           $4,460,112
 BOHLKE LLC                                                               ST. CROIX                                             VI                             6/22/2020           $1,653,831
 AIRPAC AIRLINES INC.4                                                    SEATTLE                                              WA                              5/22/2020                     $0
 FREIGHT RUNNERS EXPRESS INC.                                             MILWAUKEE                                             WI                              5/8/2020           $2,767,691
 AIR CARGO CARRIERS LLC                                                   MILWAUKEE                                             WI                             6/15/2020           $6,156,554
1.   In certain cases where multiple affiliated entities were approved as eligible recipients, only one affiliate or a parent company is listed.
2.   The location provided is the address included by participants in their applications and may not include all locations in which a recipient operates.
3.   Agreement Date is the date the PSP Agreement was fully executed.
4.   Withdrawn from participation.




                                                                                                                                                                                         17
Table 3 – Contractors
                   Participant1                        City2   State2   Agreement Date3         Payroll Support4
OMNI LOGISTICS INC.                        FAIRBANKS            AK                  5/26/2020            $450,702
BAC TRANSPORTATION LLC                     ANCHORAGE            AK                   6/2/2020           $1,231,906
GLOBAL K9 PROTECTION GROUP LLC             OPELIKA              AL                  5/19/2020           $3,551,627
SOUTHERN SKY AVIATION MAINTENANCE LLC      BIRMINGHAM           AL                   6/8/2020            $969,522
REGIONAL JET CENTER INC.                   BENTONVILLE          AR                  6/10/2020            $777,825
BIRD ACQUISITION LLC                       PHOENIX              AZ                  5/27/2020           $5,939,385
PHOENIX-MESA GATEWAY AIRPORT               MESA                 AZ                  6/23/2020            $744,392
INDEPENDENT CARGO SECURITY SCREENING
LLC                                        TORRANCE             CA                  5/18/2020            $588,030
THOMAS GLOBAL SYSTEMS LLC                  IRVINE               CA                  5/18/2020            $699,180
SIA ENGINEERING (USA) INC                  LOS ANGELES          CA                  5/18/2020           $4,776,410
NEW SONOMA FBO INC.                        SANTA ROSA           CA                  5/19/2020            $827,975
MERCURY AIR CARGO INC                      TORRANCE             CA                  5/19/2020          $15,513,057
PACIFIC AVIATION LLC                       EL SEGUNDO           CA                  5/21/2020          $16,330,415
AMI WINES LLC                              SANTA MONICA         CA                  5/22/2020            $187,232
IDA FOODS LLC                              SANTA MONICA         CA                  5/22/2020            $406,958
HACOR INC.                                 LOS ANGELES          CA                  5/26/2020          $11,491,234
AERO PORT SERVICES INC.                    LOS ANGELES          CA                  5/27/2020            $279,929
AIRPORT TERMINAL MANAGEMENT INC.           INGLEWOOD            CA                  5/28/2020          $16,002,832
CALOP BUSINESS SYSTEMS INC.                LOS ANGELES          CA                   6/1/2020           $4,246,029
AMI INFLIGHT INC                           SANTA MONICA         CA                   6/5/2020            $863,089
S A S SERVICES GROUP INC                   EL SEGUNDO           CA                   6/9/2020          $10,220,140
AERONAUTICAL TECHNOLOGY INC                LONG BEACH           CA                  6/11/2020           $1,262,807
THE LANDLINE COMPANY                       HAWTHORNE            CA                  6/23/2020            $492,093
SPRINGSHOT INC.                            SAN FRANCISCO        CA                  6/24/2020           $1,698,646
ALOHA CONTRACT SERVICES LLC                LOS ANGELES          CA                   7/1/2020           $1,682,506
AIR FAYRE CA INC                           GARDENA              CA                   7/2/2020           $3,435,424
SACRAMENTO INTERNATIONAL JET CENTER INC.   SACRAMENTO           CA                   7/7/2020           $1,489,981
HAWKER PACIFIC AEROSPACE                   SUN VALLEY           CA                   7/7/2020          $11,509,151

                                                                                                              18
                  Participant1                       City2   State2   Agreement Date3         Payroll Support4
UNICAL MRO INC.                          SAN BERNARDINO       CA                   7/8/2020           $5,207,844
STANDARD AERO SERV LLC                   PLAYA DEL REY        CA                   7/9/2020            $244,075
SAS GROUP                                LOS ANGELES          CA                  7/17/2020            $259,022
CHASE PACKAGING LLC                      GARDENA              CA                  7/24/2020           $1,234,133
KAISERAIR INC.                           OAKLAND              CA                  8/12/2020           $2,189,167
PASSUR AEROSPACE INC.                    STAMFORD             CT                   7/7/2020           $3,877,871
DUMONT AVIATION LLC                      NEW CASTLE           DE                   7/8/2020           $2,570,189
FUEL FX INC.                             CRESTVIEW            FL                  5/15/2020            $214,829
AVIATION MAIN SERVICES INC               MIAMI                FL                  5/18/2020            $884,359
JETSTREAM GROUND SERVICES INC.           JUPITER              FL                  5/19/2020          $16,938,214
BARFIELD INC.                            MIAMI                FL                  5/20/2020          $10,258,764
AMERICAN SALES AND MANAGEMENT ORG. LLC   MIAMI                FL                  5/29/2020          $33,329,766
JETSCAPE SERVICES LLC                    FORT LAUDERDALE      FL                   6/5/2020            $517,449
FSM GROUP LLC                            ORLANDO              FL                   6/8/2020           $3,028,346
AERSALE INC.                             CORAL GABLES         FL                   6/9/2020          $16,389,429
ULTRA AVIATION SERVICES INC.             MIAMI                FL                  6/10/2020           $8,226,791
TOTAL AIR SERVICES INC.                  MIAMI                FL                  6/15/2020             $65,448
GLOBAL AVIATION SERVICES USA INC         TAMPA                FL                  6/17/2020           $2,818,278
F&E AIRCRAFT MAINTEANCE (MIAMI) LLC      MIAMI SPRINGS        FL                  6/18/2020          $23,514,712
SIGNATURE FLIGHT SUPPORT LLC             ORLANDO              FL                  6/19/2020          $79,842,985
ALPHA INFLIGHT US LLC                    SANFORD              FL                  6/23/2020            $259,201
AGI-CFI HOLDINGS INC.                    MIAMI                FL                  6/26/2020          $37,500,000
AVIATION CONCEPTS INC.                   SUNRISE              FL                  6/30/2020            $782,677
APEX EXECUTIVE JET CENTER INC.           MELBOURNE            FL                   7/1/2020            $473,791
GROUND SERVICES INTERNATIONAL
INCORPORATED                             ORLANDO              FL                  7/10/2020          $61,029,852
AIRPORT SHOPPES CORP.                    CAROLINA             FL                  7/14/2020           $4,719,502
AEROTECH MIAMI INC.                      MIAMI                FL                  7/22/2020           $4,260,008
IAERO THRUST LLC                         MIAMI                FL                  7/23/2020           $6,232,388
ORLANDO SANFORD INTERNATIONAL INC.       SANFORD              FL                   9/8/2020           $3,668,048


                                                                                                            19
                   Participant1                   City2   State2   Agreement Date3         Payroll Support4
AVIATION LOGISTICS LLC                LITHONIA             GA                  5/19/2020           $1,692,895
QUANTUM AVIATION SOLUTIONS INC.       DULUTH               GA                  5/27/2020            $357,363
GAT AIRLINE GROUND SUPPORT INC.       PEACHTREE CITY       GA                  5/27/2020          $35,132,329
EN ROUTE INTERNATIONAL USA INC        ATLANTA              GA                   7/1/2020            $171,348
DAL GLOBAL SERVICES LLC               ATLANTA              GA                  7/10/2020        $162,373,028
ACTION FUEL INC.                      KAHULUI              HI                   8/5/2020             $57,013
THE FLIGHTSTAR CORPORATION            SAVOY                IL                  5/26/2020           $4,612,838
MICHAEL LEWIS COMPANY                 MCCOOK               IL                  5/26/2020           $8,249,615
U.S. AVIATION SERVICES CORP.          CHICAGO              IL                  5/26/2020          $12,324,549
GAITROS AVIATION LLC                  DECATUR              IL                  5/27/2020             $75,292
FLIGHT CHECK COMMERCIAL AVIATION
SERVICES LLC                          BENSENVILLE          IL                  5/28/2020           $4,470,832
FLYING FOOD FARE INC.                 CHICAGO              IL                  6/11/2020        $102,697,950
ORD LIFT & GSE INC                    MELROSE PARK         IL                  6/12/2020            $488,823
SPRINGFIELD AIRPORT AUTHORITY         SPRINGFIELD          IL                  6/15/2020            $214,703
ACTS-AVIATION SECURITY INC.           DES PLAINES          IL                  6/24/2020          $13,982,933
QCIA AIRPORT SERVICES LLC.            MOLINE               IL                   7/6/2020            $393,855
PROSPECT AIRPORT SERVICES INC.        DES PLAINES          IL                  7/10/2020          $94,580,166
AAR CORP.                             WOOD DALE            IL                  7/30/2020          $57,180,647
TRI-STATE AERO INC                    EVANSVILLE           IN                   6/5/2020            $682,313
BMG AVIATION INC                      BLOOMINGTON          IN                   7/2/2020            $146,963
BAY LAND AVIATION INC                 SALISBURY            MD                  6/12/2020            $107,121
MRA SYSTEMS LLC                       BALTIMORE            MD                  8/25/2020          $89,513,409
LCL ASSOCIATE                         PORTLAND             ME                  6/24/2020            $867,360
MAC JETS LLC                          SOUTH PORTLAND       ME                   7/2/2020            $249,774
MAINE AVIATION AIRCRAFT MAINTENANCE   SOUTH PORTLAND       ME                   7/2/2020            $887,699
NORTHEAST AIR                         PORTLAND             ME                  7/10/2020           $1,012,862
IMMACULATE FLIGHT LLC                 GRAND RAPIDS         MI                  6/26/2020           $2,137,852
AVFLIGHT COLUMBUS CORPORATION         ANN ARBOR            MI                   7/2/2020            $169,349
AVFLIGHT GUNNISON CORPORATION         ANN ARBOR            MI                   7/2/2020            $197,623


                                                                                                         20
                Participant1                        City2     State2   Agreement Date3         Payroll Support4
AVFLIGHT SALINA CORPORATION             ANN ARBOR              MI                   7/2/2020            $236,551
AVFLIGHT MONROE CORPORATION             ANN ARBOR              MI                   7/2/2020            $246,574
AVFLIGHT DURANGO CORPORATION            ANN ARBOR              MI                   7/2/2020            $268,738
AVFLIGHT GRAND FORKS CORPORATION        ANN ARBOR              MI                   7/2/2020            $274,159
AVFLIGHT MINOT CORPORATION              ANN ARBOR              MI                   7/2/2020            $287,573
AVFLIGHT FLINT CORPORATION              ANN ARBOR              MI                   7/2/2020            $296,465
AVFLIGHT WILLOW RUN CORPORATION         ANN ARBOR              MI                   7/2/2020            $324,712
AVFLIGHT MILWAUKEE CORPORATION          ANN ARBOR              MI                   7/2/2020            $332,179
AVFLIGHT TRAVERSE CITY CORPORATION      ANN ARBOR              MI                   7/2/2020            $383,439
AVFLIGHT SAGINAW CORPORATION            ANN ARBOR              MI                   7/2/2020            $417,264
AVFLIGHT ROSWELL CORPORATION            ANN ARBOR              MI                   7/2/2020            $422,012
AVFLIGHT ROCHESTER CORPORATION          ANN ARBOR              MI                   7/2/2020            $467,933
AVFLIGHT LANSING CORPORATION            ANN ARBOR              MI                   7/2/2020            $564,017
AVFLIGHT HARRISBURG CORPORATION         ANN ARBOR              MI                   7/2/2020            $644,665
AVFLIGHT SERVICES CORPORATION           ANN ARBOR              MI                   7/2/2020           $1,456,438
PJI CORP.                               NOVI                   MI                   7/7/2020            $197,986
OISHI LLC                               NOVI                   MI                   7/7/2020            $250,463
J&CD INC.                               NOVI                   MI                   7/7/2020            $267,780
AVFUEL CORPORATION                      ANN ARBOR              MI                  7/15/2020           $5,834,059
AVFLIGHT AKRON-CANTON CORPORATION       ANN ARBOR              MI                  7/24/2020            $324,832
MONACO AIR DULUTH LLC                   DULUTH                 MN                  5/20/2020            $643,233
EINARSON BROTHERS FLYING SERVICE INC.   INTERNATIONAL FALLS    MN                  5/27/2020             $83,810
SMARTE CARTE INC.                       ST. PAUL               MN                  5/29/2020          $19,158,464
AIRPORT TERMINAL SERVICES INC.          ST. LOUIS              MO                  5/26/2020          $43,382,701
BRANSON AIRPORT LLC                     HOLLISTER              MO                   7/1/2020            $341,265
HOLMAN ENTERPRISES INC (2)              KALISPELL              MT                  5/19/2020            $157,754
HOLMAN ENTERPRISES INC                  KALISPELL              MT                   6/2/2020            $441,934
MISSOULA COUNTY AIRPORT AUTHORITY       MISSOULA               MT                  6/24/2020            $231,548
NATIONAL AVIATION SERVICES LLC.         MOORESVILLE            NC                  5/18/2020          $10,637,465
LATITUDE AERO LLC                       GREENSBORO             NC                  5/21/2020            $194,537

                                                                                                             21
                   Participant1                     City2   State2   Agreement Date3         Payroll Support4
HAECO AMERICAS LINE SERVICES LLC        GREENSBORO           NC                   6/2/2020            $574,979
HAECO AIRFRAME SERVICES LLC             GREENSBORO           NC                   6/2/2020          $46,476,541
NORTH STATE AVIATION HOLDINGS LLC.      WINSTON-SALEM        NC                   9/8/2020           $2,138,511
BISMARCK AERO CENTER CORP.              BISMARCK             ND                  5/21/2020            $747,400
JAMESTOWN JET CENTER INC                JAMESTOWN            ND                  6/25/2020               $9,058
TREGO DUGAN AVIATION OF GRAND ISLAND
INC.                                    GRAND ISLAND         NE                  5/15/2020           $8,923,489
AIR GENERAL INC.                        PORTSMOUTH           NH                  5/15/2020          $10,605,566
PRIVATE JET SERVICES GROUP. LLC         SEABROOK             NH                  6/24/2020           $1,926,503
GREAT CIRCLE CATERING LLC               PORTSMOUTH           NH                  6/26/2020            $323,009
PORT CITY AIR INC.                      PORTSMOUTH           NH                  7/15/2020           $1,632,148
LIMA CLEANING LLC                       NEWARK               NJ                   6/1/2020            $417,920
RIO CLEANING COMPANY LLC                NEWARK               NJ                   6/1/2020            $494,072
LISBON CLEANING INC                     NEWARK               NJ                   6/1/2020           $3,038,241
GATEWAY SECURITY INC                    NEWARK               NJ                   6/5/2020           $7,018,061
GROUPONE LLC                            NEWARK               NJ                  6/26/2020           $7,561,974
JET CENTER AT SANTA FE OPERATIONS LLC   SANTA FE             NM                  5/15/2020            $358,133
SANTA FE AERO SERVICES LLC              SANTA FE             NM                  6/25/2020            $152,767
MOUNTAIN WEST EKO LLC                   ELKO                 NV                   6/8/2020            $113,317
THE GREATEST SKYCAPS INC                LAS VEGAS            NV                  6/24/2020            $230,040
BURBANK SECURITY SERVICES INC.          JAMAICA              NY                  5/15/2020            $893,389
PACIFIC ATLANTIC HANDLING LLC           JAMAICA              NY                  5/18/2020           $1,074,712
MSN AIR SERVICE INC                     JAMAICA              NY                  5/18/2020           $1,526,598
JET WAY AVIATION SERVICES LLC           VALLEY STREAM        NY                  5/19/2020           $1,571,353
SUMMIT SECURITY SERVICES INC.           UNIONDALE            NY                  5/19/2020           $5,517,153
PAX ASSIST INC                          JAMAICA              NY                  5/20/2020           $9,023,554
TAUGHANNOCK AVIATION CORP               ITHACA               NY                  5/22/2020            $904,423
TRIANGLE AVIATION SERVICES INC          VALLEY STREAM        NY                  5/22/2020           $1,755,334
TRIANGLE SERVICES OF FLORIDA INC        VALLEY STREAM        NY                  5/22/2020           $8,257,628
GLOBAL SECURITY CONSULTING GROUP INC.   GARDEN CITY          NY                  5/26/2020           $9,487,430


                                                                                                           22
                Participant1                            City2   State2   Agreement Date3         Payroll Support4
JET WAY SECURITY & INVESTIGATIONS LLC      VALLEY STREAM         NY                  5/27/2020           $3,055,323
MACH II MAINTENANCE CORP                   JAMAICA               NY                  5/28/2020           $2,147,377
USAIRPORTS FLIGHT SUPPORT LLC              ROCHESTER             NY                  5/29/2020           $1,158,154
WORLDWIDE FLIGHT SERVICES INC.             JAMAICA               NY                   6/9/2020        $135,066,743
BORENSTEIN CATERERS INC                    JAMAICA               NY                  6/12/2020           $2,758,079
JFK INTERNATIONAL AIR TERMINAL LLC         JAMAICA               NY                  6/30/2020           $6,127,234
DO & CO NEW YORK CATERING INC.             JAMAICA               NY                   7/7/2020          $14,526,568
ARK MANAGEMENT SERVICES LLC                JAMAICA               NY                  7/10/2020            $497,521
GLOBAL AVIATION MANAGEMENT GROUP CORP.     GARDEN CITY           NY                  7/20/2020           $1,557,806
LODGING SOLUTIONS LLC                      MELVILLE              NY                   9/4/2020           $7,698,174
GARAGE SCENES LTD.                         WESTERVILLE           OH                  5/19/2020            $190,198
CONSTANT AVIATION LLC                      CLEVELAND             OH                  5/22/2020          $30,049,303
FLIGHT SERVICES AND SYSTEMS                CLEVELAND             OH                  5/26/2020          $10,920,988
WINNER AVIATION CORPORATION                VIENNA                OH                   6/2/2020           $1,009,198
BIZJET INTERNATIONAL SALES & SUPPORT INC   TULSA                 OK                   6/9/2020           $4,378,272
THE NORDAM GROUP LLC                       TULSA                 OK                  6/19/2020          $69,769,408
LUFTHANSA TECHNIK COMPONENT SERVICES
LLC                                        TULSA                 OK                  8/25/2020          $21,398,460
METAL INNOVATIONS INC.                     AURORA                OR                  5/26/2020            $685,015
LEADING EDGE JET CENTER LLC                REDMOND               OR                   8/5/2020            $360,053
AVIATION TECHNOLOGIES INC                  AVOCA                 PA                  6/15/2020            $751,027
LEHIGH-NORTHAMPTON AIRPORT AUTHORITY       ALLENTOWN             PA                  6/16/2020           $1,321,458
HALL TECHNICAL SERVICES NY LLC             ELLWOOD CITY          PA                  6/24/2020            $967,614
HALL TECHNICAL SERVICES LLC                ELLWOOD CITY          PA                  6/24/2020           $1,523,909
CHECK TSA INC                              AVOCA                 PA                   7/1/2020             $10,800
AIRPORT AVIATION SERVICES INC.             CAROLINA              PR                   6/2/2020            $704,320
CAROLINA CATERING CORP.                    CAROLINA              PR                   6/2/2020           $2,188,387
HAWTHORNE GLOBAL AVIATION SERVICES LLC     NORTH CHARLESTON      SC                   7/6/2020           $3,222,193
WESTJET AIR CENTER INC                     RAPID CITY            SD                  5/20/2020            $177,980
GOURMET CATERING TO GO LLC                 NASHVILLE             TN                  5/19/2020            $251,440


                                                                                                               23
                   Participant1                  City2   State2   Agreement Date3         Payroll Support4
JETRIGHT AVIATION MAINTENANCE LLC    NASHVILLE            TN                   7/6/2020            $616,735
247 ON SITE LLC                      CORPUS CHRISTI       TX                  5/18/2020            $106,963
ACCUFLEET INTERNATIONAL INC.         HOUSTON              TX                  5/19/2020           $4,943,016
HUNTLEIGH USA CORPORATION            IRVING               TX                  5/22/2020          $17,664,323
TOTAL AIRPORT SERVICES LLC           SPRING               TX                  5/22/2020          $24,465,662
TALLAHASSEE AVIATION PARTNERS LLC    HOUSTON              TX                  5/27/2020            $275,229
FOUR POINTS AERO SERVICES LLC        DALLAS               TX                  5/27/2020            $807,686
TRUMAN ARNOLD COMPANIES              TEXARKANA            TX                  5/27/2020           $3,586,974
G2 SECURE STAFF LLC                  IRVING               TX                   6/9/2020        $105,058,949
AIR WILMINGTON INC.                  AMARILLO             TX                  6/11/2020            $871,678
CLEAREDDIRECT LLC                    AUSTIN               TX                  6/15/2020           $1,732,707
PRIMEFLIGHT AVIATION SERVICES INC.   SUGAR LAND           TX                  6/15/2020          $78,001,985
VALLEY INTERNATIONAL AIRPORT         HARLINGEN            TX                  6/17/2020            $114,809
MENZIES AVIATION INC.                DALLAS FORT WORTH    TX                  6/19/2020        $134,577,979
ABILENE AERO INC                     ABILENE              TX                  6/22/2020           $1,499,851
GULFPORT AVIATION PARTNERS LLC       HOUSTON              TX                  6/26/2020            $184,210
HOUSTON AVIATION PARTNERS LLC        HOUSTON              TX                  6/26/2020           $1,060,151
TWG SUPPLY INC.                      GRAPEVINE            TX                   7/1/2020            $478,120
INDIANAPOLIS AVIATION PARTNERS LLC   HOUSTON              TX                   7/2/2020            $292,480
TIA AERONAUTICS INC.                 HARLINGEN            TX                   7/7/2020            $152,376
SKY CHEFS INC.                       IRVING               TX                  7/30/2020        $276,490,264
SAFETECH USA INC.                    HUMBLE               TX                   8/7/2020           $2,052,804
SEMCO AEROSPACE TX LLC               CAROLLTON            TX                  8/21/2020            $840,083
AEROGROUND INC.                      FORT WORTH           TX                  9/17/2020           $8,863,712
TOOELE COUNTY/WENDOVER AIRPORT       WENDOVER             UT                  6/26/2020            $399,153
AERO INDUSTRIES INCORPORATED         RICHMOND             VA                  5/15/2020            $613,234
COMMONWEALTH AVIATION SERVICE INC.   RICHMOND             VA                  5/15/2020           $1,122,352
RICHMOND JET CENTER INC.             RICHMOND             VA                  5/22/2020            $378,006
PROSEGUR SERVICES GROUP INC          HERNDON              VA                   6/2/2020          $29,208,646
GATE GOURMET INC.                    RESTON               VA                  6/19/2020        $171,424,598

                                                                                                        24
                            Participant1                                                   City2                              State2                 Agreement Date3               Payroll Support4
 THALES USA INC                                                           ARLINGTON                                            VA                                 7/10/2020                 $57,954,141
 SWISSPORT USA INC.                                                       DULLES                                               VA                                 7/10/2020                $170,172,676
 HALLMARK AVIATION SERVICES L.P.                                          DULLES                                               VA                                 9/22/2020                 $27,090,101
 HERITAGE AVIATION INC                                                    SOUTH BURLINGTON                                      VT                                7/22/2020                   $1,993,415
 BELLINGHAM AVIATION SERVICES LLC                                         BELLINGHAM                                           WA                                 5/20/2020                     $296,486
 FLITELINE SERVICES INC.                                                  EVERETT                                              WA                                 5/26/2020                     $316,622
 PROPELLER AIRPORTS PAINE FIELD LLC                                       EVERETT                                              WA                                  6/9/2020                     $443,800
 AVIATION TECHNICAL SERVICES INC.                                         EVERETT                                              WA                                 6/15/2020                 $51,484,897
 MCGEE AIR SERVICES INC.                                                  RENTON                                               WA                                 6/23/2020                 $38,452,845
 PACKERLAND AVIATION LLC                                                  GREEN BAY                                             WI                                6/18/2020                     $573,323
 MHI RJ AVIATION INC.                                                     BRIDGEPORT                                           WV                                 7/13/2020                 $30,183,083
 PRIOR AVIATION SERVICE INC.5                                             BUFFALO                                               NY                                                                      $0
1.   In certain cases where multiple affiliated entities were approved as eligible recipients, only one affiliate or a parent company is listed.
2.   The location provided is the address included by participants in their applications and may not include all locations in which a recipient operates.
3.   Agreement Date is the date the PSP Agreement was fully executed.
4.   The total payroll support of certain contractors was increased in February and March 2021 in connection with a distribution of remaining available funds in accordance with section 4113 of the
     CARES Act.
5.   Withdrawn from participation.




                                                                                                                                                                                                       25
Appendix B: PSP1 Participants Providing Taxpayer Protection Instruments (Notes or Warrants)
                                                                                                                             Warrant
                                                  Agreement                         Note Principal                           Exercise
       Participant 1         City 2     State 2     Date 3      Payroll Support 4     Amount 5       Number of Warrants 6     Price 7
PASSENGER AIR CARRIERS
                          FORT
AMERICAN AIRLINES INC.    WORTH          TX         4/20/2020      $5,982,831,389   $1,764,849,417              14,107,509         $12.51
DELTA AIR LINES INC.      ATLANTA        GA         4/20/2020      $5,593,698,668   $1,648,109,600               6,757,317         $24.39
UNITED AIRLINES INC.      CHICAGO        IL         4/20/2020      $5,102,033,567   $1,500,610,070               4,763,841         $31.50
SOUTHWEST AIRLINES CO.    DALLAS         TX         4/21/2020      $3,353,526,454     $976,057,936               2,676,331         $36.47
ALASKA AIRLINES INC.8     SEATTLE        WA         4/23/2020      $1,020,911,166     $282,060,556                 928,126         $31.61
JETBLUE AIRWAYS           LONG
CORPORATION               ISLAND CITY    NY         4/23/2020        $962,842,466     $258,852,740               2,724,766          $9.50
SKYWEST AIRLINES INC.     ST. GEORGE     UT         4/23/2020        $450,701,094     $105,210,328                 370,720         $28.38
SPIRIT AIRLINES INC.      MIRAMAR        FL         4/20/2020        $344,426,582      $73,327,975                 520,797         $14.08
HAWAIIAN AIRLINES INC.    HONOLULU       HI         4/22/2020        $300,925,853      $60,277,756                 509,964         $11.82
                          INDIANAPOL
REPUBLIC AIRWAYS INC.     IS              IN        5/12/2020        $211,949,425      $33,584,827                   8,092        $415.00
FRONTIER AIRLINES INC.    DENVER         CO         4/30/2020        $210,808,088      $33,242,426                  13,752        $241.72
ALLEGIANT AIR LLC         LAS VEGAS      NV         4/20/2020        $176,889,331      $23,066,799                  27,681         $83.33
                          COLLEGE
EXPRESSJET AIRLINES LLC   PARK           GA         5/11/2020        $113,064,836       $3,919,451                      4     $108,000.00
CARGO AIR CARRIERS
ATLAS AIR INC.            PURCHASE       NY         5/29/2020        $406,842,820     $199,831,980                 625,452         $31.95
KALITTA AIR LLC           YPSILANTI      MI         9/17/2020        $161,458,421      $62,416,716                    N/A               N/A
CONTRACTORS
SKY CHEFS INC.            IRVING         TX         7/30/2020        $276,490,264     $107,459,928                    N/A               N/A
GATE GOURMET INC.         RESTON         VA         6/19/2020        $171,424,598      $59,344,231                    N/A               N/A
SWISSPORT USA INC.11      DULLES         VA         7/10/2020        $170,172,676      $58,656,617                    N/A               N/A
DAL GLOBAL SERVICES
LLC                       ATLANTA        GA         7/10/2020        $162,373,028      $55,205,506                    N/A               N/A
WORLDWIDE FLIGHT
SERVICES INC.             JAMAICA        NY          6/9/2020        $135,066,743      $42,929,367                    N/A               N/A




                                                                                                                                         26
                                                                                                                                                                                                  Warrant
                                                                                Agreement                                         Note Principal                                                  Exercise
            Participant 1                     City 2              State 2         Date 3              Payroll Support 4             Amount 5               Number of Warrants 6                    Price 7
                                           DALLAS
                                           FORT
 MENZIES AVIATION INC.10                   WORTH                    TX              6/19/2020                $134,577,979             $42,714,311                                  N/A                        N/A
 G2 SECURE STAFF L.L.C                     IRVING                   TX               6/9/2020                $105,058,948             $29,725,937                                  N/A                        N/A
 FLYING FOOD FARE INC.                     CHICAGO                   IL             6/11/2020                $102,697,950             $28,687,098                                  N/A                        N/A
 PROSPECT AIRPORT
 SERVICES INC.                             DES PLAINES               IL             7/10/2020                  $94,580,166            $25,115,273                                  N/A                        N/A
 MRA SYSTEMS LLC12                         BALTIMORE                MD              8/25/2020                  $89,513,409            $22,885,900                                  N/A                        N/A
 SIGNATURE FLIGHT
 SUPPORT LLC                               ORLANDO                  FL              6/19/2020                  $79,842,985            $18,630,913                                  N/A                        N/A
 PRIMEFLIGHT AVIATION                      SUGAR
 SERVICES INC.                             LAND                     TX              6/15/2020                  $78,001,985            $17,820,873                                  N/A                        N/A
 THE NORDAM GROUP LLC                      TULSA                    OK              6/19/2020                  $69,769,408            $14,198,539                                  N/A                        N/A
 HALLMARK AVIATION
 SERVICES L.P.11                           DULLES                   VA              9/22/2020                  $27,090,101              $9,428,438                                 N/A                        N/A
 GROUND SERVICES
 INTERNATIONAL
 INCORPORATED                              ORLANDO                  FL              7/10/2020                  $61,029,852            $10,353,135                                  N/A                        N/A
 THALES USA INC                            ARLINGTON,               VA              7/10/2020                  $57,954,141              $4,548,729                                 N/A                        N/A
 MCGEE AIR SERVICES INC.8                  RENTON                   WA              6/23/2020                  $38,452,845            $11,315,990                                  N/A                        N/A
 AAR CORP.                                 WOOD DALE                 IL             7/30/2020                  $57,180,647              $8,686,993                                 N/A                        N/A
 LUFTHANSA TECHNIK
 COMPONENT SERVICES LLC9                   TULSA                    OK             8/25/2020                  $21,398,460               $6,885,385                                  N/A                       N/A
 AVIATION TECHNICAL
 SERVICES INC.                             EVERETT                  WA              6/15/2020                  $51,484,897              $6,153,355                                 N/A                        N/A
1.   In certain cases where multiple affiliated entities were approved as eligible recipients, only one affiliate or a parent company is listed.
2.   The location provided is the address included by participants in their applications and may not include all locations in which a recipient operates.
3.   Agreement Date is the date the PSP Agreement was fully executed.
4.   The total payroll support provided to certain contractors was increased in February and March 2021 in connection with a distribution of remaining available funds in accordance with section 4113
     of the CARES Act.
5.   The note has a duration of 10 years. For passenger air carriers, when applicable, this is equal to 30 percent of the payroll support provided to the participant over $100 million. For cargo air
     carriers, when applicable, this is equal to 56 percent of the payroll support provided to the participant over $50 million. For contractors, when applicable, this is equal to 44 percent of the payroll
     support provided to the participant over $37.5 million. For passenger air carriers, cargo air carriers, and contractors, the cash interest rate on the note is 1 percent per year in the first five years and
     converts to the Secured Overnight Financing Rate plus 2 percent per year in the last five years. Cash interest on the notes is payable semiannually on March 31 and September 30 of each year



                                                                                                                                                                                                                27
     beginning on September 30, 2020. For contractors and cargo air carriers who have not issued equity securities that are traded on a national securities exchange, the note also includes a payment-in-
     kind interest rate of 3 percent per year in the first five years, with an increase of 1 percentage point per year in years six through ten.
6.   Total Anticipated Number of Warrants: The warrants provide Treasury with the right to purchase shares of common stock or receive a cash payment. The number of warrants required is equal to
     10 percent of the principal amount of the note issued by the participant, divided by an exercise price. The exercise price for passenger air carriers is generally equal to the value of the shares as of
     market close on April 9, 2020. The exercise price for cargo air carriers is equal to the market value of the shares as of market close on May 1, 2020. The warrants are exercisable for a five-year
     term.
7.   Warrant Exercise Price: The strike price of the warrants.
8.   Alaska Airlines Inc. issued a note and warrants related to payroll support provided to both Alaska Airlines Inc. and McGee Air Services Inc. McGee Air Services Inc. is an eligible contractor and a
     wholly owned subsidiary of Alaska Airlines Inc.
9.   Lufthansa Technik North America Holding Corp., the parent company of eligible contractors Lufthansa Technik Component Services LLC and Bizjet International Sales and Support, issued a note
     related to payroll support provided to each of these subsidiaries.
10. Menzies Aviation, Inc., issued one note related to payroll support provided to eligible contractors Aeroground, Inc. and Aircraft Services International, Inc.
11. Hallmark Aviation Services, L.P., a subsidiary of Swissport USA Inc., issued a note related to payroll support provided to Swissport USA, Inc. and Hallmark Aviation Services, L.P.
12. ST Engineering Aerospace America, Inc., the parent company of eligible contractor MRA Systems, LLC, issued a note related to payroll support provided to MRA Systems, LLC.




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