Airports to See $1 Billion in Funding

July 11, 2022

Route Fifty reports that the Federal Aviation Administration (FAA) has awarded nearly $1 billion to airports across the country for projects that will improve terminal capacity, efficiency, and accessibility, according to a release from the administration.

The money, which was made available in the Infrastructure Investment and Jobs Act, will be distributed among 85 airports, the FAA said. This is the first round of grants; under the law, the FAA will annually administer $1 billion in airport terminal grants for five years.

“Americans deserve modern airports that meet the needs of their families and growing passenger demand,” said U.S. Transportation Secretary Pete Buttigieg in the release. The “grants will improve airport terminals while also creating good jobs in communities across the country.”

One of the Airport Terminal Program’s goals is to support airports as they work toward meeting energy-efficiency and sustainability goals. Of this first round of funding, 76 grants are slated for such projects.

Read the story.

Source: Route Fifty

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