New York announces $250m funding to modernise airports

The New York Governor has announced a $250m grant to overhaul airports in the state in a bid to support regional economic development. Of the total grant amount, $230m will be offered via the new Upstate Airport Economic Development and Revitalization Competition. This will be for projects supporting upgrades at commercial passenger service airports. The remaining $20m will be offered from the Governor’s Aviation Capital Grant Program, which focuses on the safety, infrastructure and economic development projects at smaller airports across the state. A further $16.5m funding has also been made available. This was formerly allocated through the Aviation Capital Grant Program in this year’s executive budget. The new programme builds on the success of the initial Upstate Airport Economic Development and Revitalisation Competition announced in 2016 and the revamp of JFK and LaGuardia airports.<br/>