FAA says US airports will get $8b in pandemic relief
Airports around the country will share $8b in federal grants to help them recover from the pandemic, which caused a steep drop in air travel and a loss of revenue that airports expect from airlines and passengers. Most of the money will go to big airports with commercial airline service. They will share $6.5b based on the number of passenger boardings, plus another $800m to offer rent relief to companies that operate concessions such as food and retail outlets in terminals. Airports must keep at least 90% of the workers they had before the pandemic to receive one of the grants, which will handled by the FAA. Congress approved the money as part of a pandemic-relief measure that President Joe Biden signed in March. The Biden administration said the grants would protect airport jobs and construction projects as travel recovers. The FAA said several hundred airports will get grant money, including $175.7m for Seattle-Tacoma International, $115m for Philadelphia International, $74.3m for Daniel K. Inouye International in Honolulu, $56.2m for St. Louis Lambert International, and $50.6m for Raleigh-Durham International in North Carolina.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-06-23/general/faa-says-us-airports-will-get-8b-in-pandemic-relief
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FAA says US airports will get $8b in pandemic relief
Airports around the country will share $8b in federal grants to help them recover from the pandemic, which caused a steep drop in air travel and a loss of revenue that airports expect from airlines and passengers. Most of the money will go to big airports with commercial airline service. They will share $6.5b based on the number of passenger boardings, plus another $800m to offer rent relief to companies that operate concessions such as food and retail outlets in terminals. Airports must keep at least 90% of the workers they had before the pandemic to receive one of the grants, which will handled by the FAA. Congress approved the money as part of a pandemic-relief measure that President Joe Biden signed in March. The Biden administration said the grants would protect airport jobs and construction projects as travel recovers. The FAA said several hundred airports will get grant money, including $175.7m for Seattle-Tacoma International, $115m for Philadelphia International, $74.3m for Daniel K. Inouye International in Honolulu, $56.2m for St. Louis Lambert International, and $50.6m for Raleigh-Durham International in North Carolina.<br/>