US gateways Acquire government grants
Throughout september, the sitting US administration granted US$335m in federal grants to 80 airports around 25 states.
The financing has been split from two parts, firstly, US$300m forms part of the’Airport Improvement Programme’ (AIP) while the remaining US$35m comes in the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Elaine L Chao, US Secretary of Transportation, commented that the joint funding will lead towards an improved safety for passengers, developments to journey, increase employment opportunities and economic advantages to the surrounding communities.
The licenses are allowed for key infrastructure. These include the construction and repair of runways and taxiways, performing airport master plan studies, appointing new airfield lighting and signage along with the purchase of aircraft for firefighter training.
According to the Federal Aviation Administration, the present US government has contributed US$14.5bn into gateways across the USA since 2017.
During this season it has provided US$10bn throughout the Coronavirus Aid, Relief, and Economic Security Act amid the coronavirus pandemic.