Airports Council Welcomes FAA Announcement About First $1 Billion in Grants for Much-Needed Terminal Projects

WASHINGTON – Airports Council International – North America (ACI-NA), the trade association representing commercial service airports in the United States and Canada, today applauded the Federal Aviation Administration (FAA) for announcing the first $1 billion in grants from the Airport Terminal Program. The program was created as part of the Infrastructure Investment and Jobs Act and provides $5 billion for terminal projects over five years.

“With this announcement, the FAA takes an important first step to provide airports with additional funding for necessary terminal projects that remain the largest infrastructure need for our industry,” said Kevin M. Burke, President and CEO of ACI-NA. “The incredible demand for this first $1 billion in grants illustrates just how much more help airports need to finance critical terminal projects. We are grateful for our ongoing collaboration with the FAA and others in the Department of Transportation, and we will continue to work closely with our federal partners to secure additional funding for these critical infrastructure projects.”

The FAA received more than 650 applications for terminal projects totaling more than $14 billion for this first round of grants.

# # #

 

About ACI-NA

Airports Council International-North America (ACI-NA) represents local, regional, and state governing bodies that own and operate commercial airports in the United States and Canada. ACI-NA member airports enplane more than 95 percent of the domestic and virtually all the international airline passenger and cargo traffic in North America. Approximately 380 aviation-related businesses are also members of ACI-NA, providing goods and services to airports. Collectively, U.S. airports support more than 11.5 million jobs and account for $1.4 trillion in economic activity – or more than seven percent of the total U.S. GDP. Canadian airports support 405,000 jobs and contribute C$35 billion to Canada’s GDP. Learn more at www.airportscouncil.org.