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.”
See also: Chile: Santiago Airport’s new T2 ready for delivery.
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.
Related Topics
Boeing Negotiates Landmark 500-Aircraft Order with China Amid Trump-Xi Summit
Air India Bolsters Asian Expansion with New Direct Routes to Vietnam and Japan
Lufthansa Strengthens Southeast Asian Presence with Direct Flights to Kuala Lumpur
Flight Prices Between Asia and Europe Skyrocket Following Closure of Major Middle Eastern Hubs
Plataforma Informativa de Aviación Comercial con 13 años de trayectoria.