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Funding and finance

FAA to award COVID-19 CARES Act financial support to U.S. airports

1 April 2020 | By International Airport Review

Airports across the U.S. will be awarded approximately $10 billion in COVID-19 financial support under the Trump Administration's CARES Act Airport Program.

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UK support for aviation industry lacking, says AOA

31 March 2020 | By International Airport Review

AOA has called on the UK government to better support the country's aviation industry as countries across the globe implement significant supportive measures.

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Open letter sent to UK Chancellor calling for COVID-19 aviation support

30 March 2020 | By International Airport Review

Almost 40 Members of Parliament have written to the Chancellor calling for more support for the UK aviation industry during the COVID-19 pandemic.

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ACI World calls for financial measures to safeguard millions of airport jobs

30 March 2020 | By International Airport Review

ACI data outlines that airports employ over 6.1 million people globally, and so have urged for financial measures to be implemented to protect airport jobs amidst the COVID-19 crisis.

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ACI Asia-Pacific calls for employment and connectivity relief measures

27 March 2020 | By International Airport Review

ACI Asia-Pacific has urged governments to implement relief measures in order to protect airport jobs and aviation connectivity as a result of the COVID-19 outbreak,

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IATA urges governments to do more during the COVID-19 pandemic

25 March 2020 | By International Airport Review

IATA has thanked governments who have been supportive of the industry during the COVID-19 pandemic but have asked that further worldwide governments follow suit.

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UK airports disappointed in change in government COVID-19 support

25 March 2020 | By International Airport Review

The AOA has said the UK government only allowing the industry financial help during the COVID-19 crisis on a case-by-case basis is "not feasible to provide the support necessary in the coming days".

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Canada’s airports call for federal financial relief to survive COVID-19 crisis

24 March 2020 | By International Airport Review

The CAC urges the federal government to ensure the continued financial viability of Canada’s airports by providing short-term relief to address immediate cash flow challenges.

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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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Funding and finance