FAA invests $31 million in air cargo infrastructure projects

Leases & LoansMoney Matters
Written By Jennifer Joslyn

The Federal Aviation Administration is opening its wallet and sending out $31 million in federal grants for nine different air cargo infrastructure projects at airports across the United States. Some projects receiving the funds include a new taxiway at the Chicago Rockford International Airport and the rehabilitation of 37,400 square yards of pavement at the Bishop International Airport in Flint, Michigan.

What’s being called the Airport Improvement Program is in place to create a more robust airport infrastructure for both passengers and goods. Labor constraints and airport congestion caused a flurry of issues across the United States over the summer of 2022, but the demand has cooled slightly.

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Jennifer Joslyn
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