ACRA Asks Congress for $3.64B in MAG Relief
ACRA seeks the funds to allow airports to provide minimum annual guarantees (MAGs) and rent relief for airport concessionaires.
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ACRA seeks the funds to allow airports to provide minimum annual guarantees (MAGs) and rent relief for airport concessionaires.
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Jagdish Bisnoi, 23, and Mahendra Godara, 19, allegedly rented vehicles for personal work, destroyed the GPS tracking device, then would sell the vehicles once COVID-19 travel restrictions eased.
The $900 billion pandemic relief/economic stimulus package includes MAG relief, potential CERTS grants, and another PPP loan opportunity for smaller car rental companies. ACRA also announces new members.
In 2019, over 2.5 million people traveled on Christmas Day.
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