The U.S. Department of Transportation’s Federal Aviation Administration (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 Airport Rescue Grants keep workers employed and help the aviation sector recover as more Americans get vaccinated and begin traveling again,” said U.S. Transportation Secretary Pete Buttigieg. “These grants are part of the Administration’s commitment to build back a better and safer transportation system throughout our country.”
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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.
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Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.