FAA has announced $660 million in new airport infrastructure grants, the second part of $3.2 billion in airport improvement program (AIP) allotments set to be distributed this year. Combined with the first round announced in June, $1.3 billion in AIP grants have been announced year-to-date. US airports are entitled to a certain amount of AIP grants every year, based on passenger volume, activity levels and project needs. Discretionary funds are provided as supplements if an ...

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