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Hopes Dim For Quick Aviation Aid

Hopes Dim For Quick Aviation Aid

…we’re not hearing about it cause no one else is bringing it to us.” Bell also said there was an assumption among lawmakers that the first aid money for airports – $10 billion in the CARES Act – would trickle down to the businesses supporting the airport. “While that has…

ACI-NA Touts Latest Relief Act Proposal

ACI-NA Touts Latest Relief Act Proposal

…any purpose which airport revenues may lawfully be used. Airports who received four times their annual operating costs from the previous CARES Act are not eligible for these funds. These funds, and previously appropriated CARES Act funds, will remain available until September 30, 2025, at which point unused funds will…

FAA to Provide Additional $335M to Airports

FAA to Provide Additional $335M to Airports

U.S. Secretary of Transportation Elaine Chao said this week the Federal Aviation Administration will award $335 million in safety and infrastructure grants to 80 airports in 25 states. The total includes $300 million from the Airport Improvement Program (AIP) and $35 million in Coronavirus Aid, Relief, and Economic Security (CARES)…

Airports, Concessionaires Face Slim Odds For More Relief, Hauptli Predicts

Airports, Concessionaires Face Slim Odds For More Relief, Hauptli Predicts

…better chance of seeing a package get through.” U.S. airports collectively received $10 billion in emergency funding as part of the CARES Act, a broad-reaching measure passed in late March. With recovery stalled, airports have pushed for another $10 billion, coupled with an additional $3-plus billion for concessionaires, to help…

Airport And Concessionaire Trade Groups Join In Relief Appeal

Airport And Concessionaire Trade Groups Join In Relief Appeal

…proposal.” He added that concessionaires have “always supported getting more funding for airports, both in the first CARES Act and also in this one.” Wigington adds: “One of the best benefits, if we get this package through, is it will set aside the whole debate about getting [concessionaire] relief [from…