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...
Mobile Airport Authority Secures $7.5 Million Grant for New Terminal Development
The Mobile Airport Authority is the newest recipient of Bipartisan Infrastructure Law (BIL) Airport Infrastructure Grant (AIG) as it is awarded with $7,510,599 federal funding, a significant boost to support its ongoing project. This substantial funding will be used...
El Paso Airport Receives $10.6 Million Grant for Upgrades
El Paso International Airport (ELP) is receiving a significant boost with a $10.6 million grant made through the Bipartisan Infrastructure Law Airport Infrastructure Grants. As part of the Biden-Harris Administration's $427 million airport infrastructure initiative,...
Federal Bill Would Improve Climate Resiliency of U.S. Airports
Climate change is causing severe weather, and airports are not safe from its effects. Sen. Edward J. Markey (D) recently introduced the Airport Infrastructure Resilience Act, which would direct the Secretary of Transportation to create a program that will give...
Tennessee Lawmakers Push for Takeover of Nashville Airport Board
The composition of Nashville's airport board could soon be changed and taken over by state officials as HB 1176 advances to the House for consideration and voting. Under the current set-up, members of the airport board are appointed by the mayor. However, under the...
Airports Benefit Greatly From Infrastructure Grants in Tackling Rising Capital Costs, Fitch Ratings Says
According to a recent report by Fitch Ratings, airport infrastructure grants made through the Bipartisan Infrastructure Law are playing a vital role in offsetting the continuing rise of capital costs that airports across the country must bear as each entity undertakes...