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Funding and finance

AAA welcomes latest round of Remote Airstrip Upgrade Program funding

8 October 2020 | By International Airport Review

AAA highlighted how remote airstrips and airfields are critical for rural communities, with the funding playing a key part in keeping Australia connected.

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U.S. airports to receive $335 million in safety and infrastructure grants

29 September 2020 | By International Airport Review

The funding, which is dedicated to improving safety and efficient airport operations, will be distributed among 80 airports across 25 U.S. states.

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U.S. airports to receive $1.2 billion in safety and infrastructure grants

3 September 2020 | By International Airport Review

The federal investment grants will contribute to a wide range of safety and infrastructure developments at 405 airports across the U.S.

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Aena launches programme to fund technological developments for the passenger experience

14 August 2020 | By International Airport Review

Start-ups from across the globe can apply for Aena's programme to develop technology to improve the passenger experience at airports.

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Over $273 million in grants awarded to 184 U.S. airports

29 July 2020 | By International Airport Review

U.S. Transportation Secretary, Elaine L. Chao, announces over $273 million in grants to 184 airports in 41 states and six territories.

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ACI EUROPE calls for non-discriminatory relief for airports

23 July 2020 | By International Airport Review

ACI EUROPE’s President, Jost Lammers, said: “One-sided financial aid to airlines creates massive imbalances.”

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The UK’s ‘Countering Drones’ competition gains £1.5 million of extra funding

16 July 2020 | By International Airport Review

The DASA competition provides an opportunity to help further develop the critical counter-drone technical capabilities needed.

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Nearly $800 million in grants awarded to 347 U.S. airports

3 July 2020 | By International Airport Review

U.S. Transportation Secretary Elaine L. Chao has awarded airport safety and infrastructure grants to airports in 46 states and four territories.

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Airport Authority Hong Kong signs five-year loan facilities

24 June 2020 | By International Airport Review

AAHK has secured $4.5 billion in loan facilities which will be used to fund the Three Runway System project and general corporate purposes.

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ACI North America calls for additional aviation support from U.S. Congress

22 June 2020 | By International Airport Review

In addition to calling for $13 billion in financial support, ACI-NA has made several aviation policy recommendations to the U.S. Congress.

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Financial relief and evidence-based policies needed for airport recovery

17 June 2020 | By International Airport Review

ACI World has called for urgent financial assistance from governments in supporting the recovery of airports and the aviation industry.

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African travel and tourism sector in urgent need of support

6 May 2020 | By International Airport Review

The African travel and tourism sector contributes $169 billion to Africa’s economy combined, representing 7.1 per cent of the continent’s GDP.

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Asia Pacific and Middle East airports could see revenues drop by $36.4 billion

5 May 2020 | By International Airport Review

The two regions are both predicted to lose two billion passengers, which is 400 million more passengers than previously forecasted.

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Great Britain and Northern Ireland air links safeguarded with £5.7 million investment

4 May 2020 | By International Airport Review

A government investment will protect Great Britain to Northern Ireland air passenger flights; vital routes for transporting critical workers.

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Airport safety and infrastructure grants in U.S. surpass $1 billion

1 May 2020 | By International Airport Review

Department of Transportation’s Federal Aviation Administration awards U.S. airports grants to ensure they can operate efficiently in the years to come.

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Funding and finance