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Funding and finance

IATA urges governments to do more during the COVID-19 pandemic

25 March 2020 | By International Airport Review

IATA has thanked governments who have been supportive of the industry during the COVID-19 pandemic but have asked that further worldwide governments follow suit.

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UK airports disappointed in change in government COVID-19 support

25 March 2020 | By International Airport Review

The AOA has said the UK government only allowing the industry financial help during the COVID-19 crisis on a case-by-case basis is "not feasible to provide the support necessary in the coming days".

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Canada’s airports call for federal financial relief to survive COVID-19 crisis

24 March 2020 | By International Airport Review

The CAC urges the federal government to ensure the continued financial viability of Canada’s airports by providing short-term relief to address immediate cash flow challenges.

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COVID-19 relief package launched by Airport Authority Hong Kong

23 March 2020 | By International Airport Review

In order to support the aviation industry and the airport community, Airport Authority Hong Kong has introduced a HK$1 billion COVID-19 relief package.

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Urgent action is needed to protect aviation from COVID-19 impacts, says ICAO, IMO and UNWTO

23 March 2020 | By International Airport Review

ICAO, IMO and UNWTO have called for urgent actions to be made in order to support the aviation and tourism sectors during the COVID-19 crisis.

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EBAA calls on EC to consider business aviation COVID-19 relief measures

20 March 2020 | By International Airport Review

The European Business Aviation Association has called on the European Commission to consider all COVID-19 relief measures to ensure business continuity.

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President of ACI Europe publishes open letter asking for COVID-19 relief

18 March 2020 | By International Airport Review

The letter, titled COVID-19: Aviation Relief Programme, calls on EU transport ministers and the European Commission to adopt supportive measures.

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ACI World publishes global economic COVID-19 impact estimates

16 March 2020 | By International Airport Review

ACI World estimates a loss of revenues of at least $4.3 billion following the COVID-19 outbreak, with the Asia-Pacific region and Europe suffering most.

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EC proposes measures to limit COVID-19 impact on aviation industry

12 March 2020 | By International Airport Review

By temporarily suspending airport slot regulations, the European Commission hopes to alleviate the pressure on airports and airlines amidst the COVID-19 crisis.

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Taupō Airport expansion gains government funding boost

28 February 2020 | By International Airport Review

$5.9 million in government funding will enable the expansion and modernisation of the current Taupō Airport terminal, as well as additional improvements.

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State funding announced for modernisation improvements at NYC airports

26 February 2020 | By International Airport Review

State funding amounting to $20 million for modernisation and safety improvements at NYC airports was announced by the Governor of New York.

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Across 41 U.S. states $520 million will be invested into 287 airports

20 February 2020 | By International Airport Review

The U.S. Department of Transportation will award airport infrastructure grants to help improve the travel experience for passengers.

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New airport in Tanzania is to be funded by the African Development Bank

2 January 2020 | By International Airport Review

Msalato Airport, a new international airport, is to be built in the region of Dodoma, 12km from the capital city of Tanzania.

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Electric aviation programmes to receive $55 million from U.S. DOE

19 December 2019 | By International Airport Review

The programmes represent focused efforts on the development of more energy-efficient, electric motor and powertrain systems for commercial aircraft.

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Project FALKE counter drone system development gains funding

12 December 2019 | By International Airport Review

The German Federal Minister of Transport awards funding to develop a deployable counter UAS system in order to enhance safety at airports.

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Funding and finance