FAA Releases $3B In Infrastructure Funds To Upgrade U.S. Airports

LAX airport construction
Credit: Patrick T. Fallon/AFP/Getty Images
WASHINGTON—The FAA on Dec. 16 awarded nearly $3 billion in funding for airport improvements, the first tranche of $15 billion to be distributed for the purpose over five years under the Biden administration’s infrastructure legislation. First-round funding is being made available to 3,075 airports...

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