US: FAA awards US$335m in US airport infrastructure grants
The FAA will award US$335.3m in airport infrastructure grants to a total of 237 US airports beginning in July, including $32.5m in discretionary spending to 5 airports, the US DoT said Thursday. US airports are entitled to a certain amount of airport improvement program (AIP) grants every year, DoT said, based on passenger volume. Discretionary funds are provided as supplements if an airport’s capital project exceeds its entitlement. AIP grants will be issued by to airports “in time to take advantage of the spring and summer construction season,” DoT said. “The grants will ensure the projects at these airports are either under construction or completed prior to the onset of the winter season, which comes early in late fall in some parts of the country.” <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-07-07/general/us-faa-awards-us-335m-in-us-airport-infrastructure-grants
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US: FAA awards US$335m in US airport infrastructure grants
The FAA will award US$335.3m in airport infrastructure grants to a total of 237 US airports beginning in July, including $32.5m in discretionary spending to 5 airports, the US DoT said Thursday. US airports are entitled to a certain amount of airport improvement program (AIP) grants every year, DoT said, based on passenger volume. Discretionary funds are provided as supplements if an airport’s capital project exceeds its entitlement. AIP grants will be issued by to airports “in time to take advantage of the spring and summer construction season,” DoT said. “The grants will ensure the projects at these airports are either under construction or completed prior to the onset of the winter season, which comes early in late fall in some parts of the country.” <br/>
