The US Department of Transportation today announced the Federal Aviation Administration will award $230 million in Airport Improvement Program (AIP) grants for 104 airports across the United States.
The airport grant program funds various types of airport infrastructure projects, including runways, taxiways, and airport signage, lighting, and markings which helps to create thousands of jobs. Airports are entitled to a certain amount of AIP funding each year, based on passenger volume.
“U.S. airports are huge economic drivers,” said FAA Administrator Michael P. Huerta. “AIP allows us to continue to invest in the safety and modernization of our nation’s airports.”
The FAA will issue AIP grants to the airports over the next several weeks in time to take advantage of the spring and summer construction season. 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.
WHAT TO TAKE AWAY FROM THIS ARTICLE:
- 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.
- The FAA will issue AIP grants to the airports over the next several weeks in time to take advantage of the spring and summer construction season.
- The airport grant program funds various types of airport infrastructure projects, including runways, taxiways, and airport signage, lighting, and markings which helps to create thousands of jobs.
