An air transportation company, which argued that the disbursement of pandemic relief funds to a competitor was unlawful under the Administrative Procedure Act, had its case tossed by an appeals court for lack of standing to bring the suit.
Air Excursions LLC, an airline serving Alaska and the Pacific Northwest, argued that relief funds issued by the Treasury under the Payroll Support Program (PSP) to support businesses during the pandemic were improperly acquired by FLOAT Shuttle, Inc during its acquisition of Corvus Airlines, Inc., a competitor that secured the PSP funds before it declared Chapter 11 bankruptcy.
Air Excursions asserted ...
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