✖ Construction Reporter

Show Password Forgot Password?

Not a Member? Start a free-trial today!
Construction Reporter
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy

renovation and upgrading of nation's airport booming

5/25/2018

0 Comments

 
Up to $70 billion is expected to be spent between now and 2021 in moves to modernize the nation’s airports.

The projects, according to the Alexandria, Virginia-based Airport Consultants Council, are or will be taking place at more than 50 airports across the country, with a special emphasis on modernizing terminals.

Those terminals are increasingly seeing the build-out of new restaurant and retail space, along with even children’s play areas.

The projects are taking place in the wake of a Congressional vote earlier this year maintaining the current cap on the nation’s Passenger Facility Charge. Revenues from that fee are used to fund any number of airport facility expansion projects.

Groups such as the Airports Council International-North America contended that doing away with the cap, which would allow for a higher fee and more revenue, was vital for supporting airport infrastructure needs.

Congress instead created a $1 billion grant program to fund those same needs.

Next month, the Federal Aviation Administration is expected to publish a notice in the Federal Register, providing additional information and deadlines for airports submitting grant applications.

Congress has also passed the Federal Aviation Administration Reauthorization Act of 2018, offering up to $3.3 billion in Airport Improvement Program grants for the next 5 years.

Those grants target facility improvements at smaller airports.

By Garry Boulard
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    Get stories like these right to your inbox.
    ​Sign up for our newsletter

    Subscribe

    Archives

    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017

    Categories

    All

AFFILIATES

Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
HOME
PLANS & PRICING
FREE TRIAL
MAGAZINE​
BECOME A MEMBER
PRINTING SERVICES
FAQS
CONTACT
​ABOUT

TIMELY, RELIABLE NEWS SINCE 1949 ​Construction Reporter
​
4901 Mcleod Rd NE STE 200A
Albuquerque NM 87109


​Phone: (505)-243-9793
Toll Free: (877)-292-5793
​Fax: (505)-242-4758

Copyright © 2022 Construction Reporter
User Agreement   Privacy Policy   Archive Policy
  • Home
  • Services
    • Planroom
    • Printing
    • Project Upload
    • Architects & Owners
    • General Contractors
    • Subcontractors
  • Free Trial
  • Become a Member
  • Magazine
  • News
  • Contact Us
  • About
    • About
    • FAQs
    • Privacy Policy