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This series of fact sheets summarizes provisions of the CARES Act of particular interest to lenders; cargo airlines; passenger airlines, maintenance, repair, and overhaul (MRO) facilities, and ticket agents. Eversheds Sutherland will continue to monitor the implementation of the CARES Act. As additional guidance on these regulations becomes available, it may alter our advice on how eligible parties can access this emergency funding. For the latest updates and insight from our lawyers around the world on the CARES Act and COVID-19, visit Eversheds Sutherland Coronavirus Hub. _____ If you have any questions about this legal alert, please feel free to contact any of the attorneys listed under Related People/Contributors or the Eversheds Sutherland attorney with whom you regularly work. The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer. Services Banking and Finance Industries Aerospace, Defense and Security Key contacts Peter A. Fozzard Senior Counsel Atlanta, United States Brennan A. Posner Partner Atlanta, United States Christina B. 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All rights reserved. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website. Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For further information about these Eversheds Sutherland Entities and Eversheds Sutherlands’ structure please see the Legal Notices page of this website. For information on Konexo please also see the Legal Notices page of this

Obtaining CARES Act financial assistance – fact sheets for cargo airlines, passenger airlines, and lenders

April 03, 2020

United States

In addition to general materials regarding Obtaining Financial Assistance Under the Coronavirus Aid, Relief and Economic Security (CARES) Act, we are committed to providing business sector specific guidance as the Department of Treasury and other regulatory agencies issue regulations and procedures for obtaining relief under the CARES Act. This series of fact sheets summarizes provisions of the CARES Act of particular interest to lenders; cargo airlines; passenger airlines, maintenance, repair, and overhaul (MRO) facilities, and ticket agents.

Eversheds Sutherland will continue to monitor the implementation of the CARES Act. As additional guidance on these regulations becomes available, it may alter our advice on how eligible parties can access this emergency funding. For the latest updates and insight from our lawyers around the world on the CARES Act and COVID-19, visit Eversheds Sutherland Coronavirus Hub.

_____

If you have any questions about this legal alert, please feel free to contact any of the attorneys listed under Related People/Contributors or the Eversheds Sutherland attorney with whom you regularly work.

The materials on the Eversheds Sutherland website are for general information purposes only and do not constitute legal advice. While reasonable care is taken to ensure accuracy, the materials may not reflect the most current legal developments. Eversheds Sutherland disclaims liability for actions taken based on the materials. Always consult a qualified lawyer for specific legal matters. To view the full disclaimer, see our Terms and Conditions or Disclaimer section in the footer.

Peter A. Fozzard

Senior Counsel

Atlanta, United States

Brennan A. Posner

Partner

Atlanta, United States

christinarissler@eversheds-sutherland.com1

Christina B. Rissler

Partner

Atlanta, United States

Shawn Rafferty

Partner

Atlanta, United States

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Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For further information about these Eversheds Sutherland Entities and Eversheds Sutherlands’ structure please see the Legal Notices page of this website. For information on Konexo please also see the Legal Notices page of this

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