KEY POINTS
  • A private jet company founded by a donor to President Donald Trump received nearly $27 million in government funding under a program run by the Treasury Department, according to government filings.
  • Clay Lacy Aviation is a private jet charter company based in Van Nuys, California, and it appears to have received the largest grant of any private jet company on the list.
  • The vast majority of the other 96 recipients of government funding or loans on the list are major commercial airlines, regional carriers or support companies.
Hershel Clay Lacy, founder and former chief executive officer of Clay Lacy Aviation

A private jet company founded by a donor to President Donald Trump received nearly $27 million in government funding under a program run by the Treasury Department, according to government filings.

Clay Lacy Aviation, a private jet charter company based in Van Nuys, California, that serves wealthy executives and celebrities, received the government grant as part of the CARES Act, a $2 trillion federal stimulus package aimed at supporting jobs during the coronavirus crisis.