Wed, Aug 29, 2018
Awards Made To Airports In 45 States And 4 U.S. Territories
The FAA will award $616.9 million in airport infrastructure grants, as part of the total $3.18 billion in Airport Improvement Program (AIP) funding for airports across the United States.
"The Department has been investing heavily in our nation's airport infrastructure, which will strengthen economic growth and create jobs in communities across the country," said Transportation Secretary Elaine Chao (pictured).
This fourth increment of funding provides 242 grants to 226 airports, and will fund 408 infrastructure projects. These include runways, taxiways, aprons, terminals, aircraft rescue and firefighting vehicles, snow removal equipment, and two firefighting training facilities.
U.S. infrastructure, especially its 3,323 airports and 5,000 paved runways, increases the country's competitiveness and improves the traveling public's quality of life. According to the FAA's most recent economic analysis, U.S. civil aviation accounts for $1.6 trillion in total economic activity and supports nearly 11 million jobs. Under the Secretary's leadership, the Department is delivering AIP investments to strengthen the safety and efficiency of America's airports.
Airports receive a certain amount of AIP entitlement funding each year based on activity levels and project needs. If their capital project needs exceed their available entitlement funds, the FAA can supplement their entitlements with discretionary funding.
(Source: FAA news release)
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