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U.S. to award $2.89 billion to 3,075 airports -Breaking

by Mike Robinson

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© Reuters.

WASHINGTON (Reuters) – The U.S. Federal Aviation Administration said Thursday it will award $2.89 billion to 3,075 airports under a new $1 trillion infrastructure bill signed into law last month.

Airports can use funds for runways, taxiways, safety, terminal, airport-transit connections and roadway projects. Infrastructure law grants $15 billion for five years, and the FAA estimates that there’s a backlog of $43.6 billion in airport modernization projects and safety improvements.

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