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Funding and finance

COVID-19 relief package launched by Airport Authority Hong Kong

23 March 2020 | By International Airport Review

In order to support the aviation industry and the airport community, Airport Authority Hong Kong has introduced a HK$1 billion COVID-19 relief package.

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Urgent action is needed to protect aviation from COVID-19 impacts, says ICAO, IMO and UNWTO

23 March 2020 | By International Airport Review

ICAO, IMO and UNWTO have called for urgent actions to be made in order to support the aviation and tourism sectors during the COVID-19 crisis.

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EBAA calls on EC to consider business aviation COVID-19 relief measures

20 March 2020 | By International Airport Review

The European Business Aviation Association has called on the European Commission to consider all COVID-19 relief measures to ensure business continuity.

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President of ACI Europe publishes open letter asking for COVID-19 relief

18 March 2020 | By International Airport Review

The letter, titled COVID-19: Aviation Relief Programme, calls on EU transport ministers and the European Commission to adopt supportive measures.

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ACI World publishes global economic COVID-19 impact estimates

16 March 2020 | By International Airport Review

ACI World estimates a loss of revenues of at least $4.3 billion following the COVID-19 outbreak, with the Asia-Pacific region and Europe suffering most.

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EC proposes measures to limit COVID-19 impact on aviation industry

12 March 2020 | By International Airport Review

By temporarily suspending airport slot regulations, the European Commission hopes to alleviate the pressure on airports and airlines amidst the COVID-19 crisis.

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Taupō Airport expansion gains government funding boost

28 February 2020 | By International Airport Review

$5.9 million in government funding will enable the expansion and modernisation of the current Taupō Airport terminal, as well as additional improvements.

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State funding announced for modernisation improvements at NYC airports

26 February 2020 | By International Airport Review

State funding amounting to $20 million for modernisation and safety improvements at NYC airports was announced by the Governor of New York.

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Across 41 U.S. states $520 million will be invested into 287 airports

20 February 2020 | By International Airport Review

The U.S. Department of Transportation will award airport infrastructure grants to help improve the travel experience for passengers.

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New airport in Tanzania is to be funded by the African Development Bank

2 January 2020 | By International Airport Review

Msalato Airport, a new international airport, is to be built in the region of Dodoma, 12km from the capital city of Tanzania.

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Electric aviation programmes to receive $55 million from U.S. DOE

19 December 2019 | By International Airport Review

The programmes represent focused efforts on the development of more energy-efficient, electric motor and powertrain systems for commercial aircraft.

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Project FALKE counter drone system development gains funding

12 December 2019 | By International Airport Review

The German Federal Minister of Transport awards funding to develop a deployable counter UAS system in order to enhance safety at airports.

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EIB provides $50 million to rebuild Sint Maarten’s hurricane-hit airport

12 December 2019 | By Rachael Harper (International Airport Review)

EIB is to supply a $50 million loan to rebuild Princess Juliana Airport's passenger terminal after the damage caused hurricanes Irma and Maria.

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PHL to receive $1.4 million for Tinicum Island Road Relocation Project

28 November 2019 | By International Airport Review

The funding for the road relocation project will come from the Commonwealth of Pennsylvania's Multimodal Transportation Fund.

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Investing in sustainability is imperative for a successful future

28 November 2019 | By Caroline Wilkie - Australian Airports Association

New terminals and runways require long-term traffic forecasting and careful consideration of changing technologies, but they also provide the chance to explore how our workforce, our climate and our communities may change over time, highlights Caroline Wilkie, CEO of the Australian Airports Association (AAA).

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Funding and finance