Primary Commercial Service Airports Will Share Approximately $6.5 Billion
The FAA will award $8 billion in grants to keep U.S. airport workers employed, construction projects going and help U.S. airports recover from the impacts of the COVID-19 pandemic.
The funding provides economic relief to eligible commercial service, reliever, and general aviation airports. The money will help keep people safe and employed by reimbursing operational expenses, debt service payments, and costs related to combating the spread of pathogens at the airport. Airports can also use the money to provide rent relief to in-terminal retail and concession companies. The funding requires that airports continue to employ at least 90 percent of their pre-pandemic employees for those airports that cover a majority of the traveling public.
“The FAA is committed to working with the aviation industry as it recovers from the impacts of the pandemic,” said FAA Administrator Steve Dickson. “These airport rescue grants provide needed support to our nation’s airports as we recover from the pandemic’s impacts.”
Under the Airport Rescue Grants program:
Primary commercial service airports will share approximately $6.5 billion based on the number of annual boardings.
An additional $800 million will be available to primary commercial service airports for providing relief to in-terminal airport concessions from rent and minimum annual guarantees including $640 million for relief to small concessions and $160 million for relief to large airport concessions.
Non-primary commercial service and general aviation airports will share $100 million based on their airport categories, such as national, regional, local, and basic.
The remaining funds of the $8 billion will be used to cover an airport’s cost-share portion on grants through the FAA’s Airport Improvement Program as well as the supplemental discretionary grants. This means airports will likely not have to pay their portion of a given project.
Among the hundreds of airports receiving funding today include:
Philadelphia International: $115 million
Yeager Airport, Charlestown, W.Va.: $3.2 million
Ted Stevens Anchorage International: $44.4 million
Gulfport-Biloxi International: $4.9 million
St. Louis Lambert International: $56.2 million
Portland International Jetport, Portland, Maine: $10.4 million
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