FAA Awards $20 Million to Upgrade Airport Control Towers
Small and regional airports in 15 states will soon be seeing infrastructure upgrades as the Federal Aviation Administration (FAA) has awarded $20 million in grants to enhance 20 airport-owned air traffic control towers. Funded through the Bipartisan Infrastructure...
Dallas Fort Worth International Airport Kicks Off $5 Billion Terminal Development
A $5 billion terminal expansion development is underway for Dallas Fort Worth International Airport as it officially breaks ground on Terminal F, a $1.6 billion project that will feature 15 new gates and is expected to be completed by 2026. An additional $2.7 billion...
Boone County Regional Airport in AR Secures $7 Million Grant for Terminal Modernization
Boone County Regional Airport has secured a $7 million grant from the FAA, which will be allocated for the development of a new 7,100-square-foot terminal, with construction set to begin in fall 2025. The new terminal will enhance accessibility, energy efficiency, and...
$2 Billion Bond Issuance Completed for JFK Terminal 6 Development
JFK Millennium Partners has successfully completed a nearly $2 billion bond issuance for the construction and operation of the new JFK Terminal 6, marking one of the top three largest municipal bond financings at a U.S. airport since 2021. The bond deal includes $1.85...
Honolulu Airport Secures $17M for Upgrades
Daniel K. Inouye International Airport in Honolulu, Hawaii, is set to receive $17 million in grants from the Federal Aviation Administration to upgrade its fire safety systems. The funding, made possible through the Bipartisan Infrastructure Law, will go toward a $7.3...
FAA Awards $970 Million to Modernize 125 Airports
Airport upgrades are on the way as the FAA awards $970 million in grants to modernize 125 airport terminals across U.S. states, Guam, and Palau. Made possible through the Bipartisan Infrastructure Law, this funding will support initiatives like improved baggage...
Charlotte Douglas International Airport Secures $290M Grant for New Runway and Infrastructure Improvements
Charlotte Douglas International Airport (CLT) has been awarded a $290 million grant from the Federal Aviation Administration (FAA) through its Airport Improvement Program for the construction of a new runway and other improvements to its taxiways and airfield. This...
$219.5 Million Awarded to Upgrade 56 California Airports Through Airport Improvement Program
$219.5 million in funding has been awarded to 56 California airports to enhance their infrastructure, including upgrades to runways, taxiways, and noise mitigation measures. This substantial boost, made possible through the Airport Improvement Program (AIP), aims to...
Major Federal Funding Boosts LAX with $40 Million for Infrastructure Projects
The federal government is injecting over $2 billion for airport upgrades nationwide, with LAX set to receive nearly $39.7 million earmarked for infrastructure projects. This includes $15.8 million for sound insulation equipment, $14 million for terminal improvements,...
Monterey Airport Lands $37 Million for Critical Infrastructure Improvements
$37 million in federal funds is coming to Monterey Regional Airport to support critical upgrades, including $2,815,801 for runway improvements, $16,788,053 for apron tarmac upgrades, $958,274 for aircraft rescue equipment, and $16,744,657 for landside terminal...