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Funding and finance

New Jersey authorities approve $500 million for major international airport projects

13 December 2017 | By International Airport Review

The cash injection will go towards a huge redevelopment project currently underway at Newark Liberty International Airport.

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British Government announces £3 million to support innovation in explosive detection

20 October 2017 | By International Airport Review

Holidaymakers in the UK could be spared the hassle of removing laptops and tablets from hand-luggage when passing through airport security, as government seeks to revolutionise aviation screening.

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American state puts up $18 million grant for projects at major international airport

17 October 2017 | By International Airport Review

The Indianapolis Airport Authority announced it has received $18 million in federal and state funds to assist with critical infrastructure, safety and sustainability projects at both the Indianapolis International Airport (IND) and IAA’s reliever airports.

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US Department of Transportation announces $185m in infrastructure grants

1 August 2017 | By International Airport Review

U.S. Department of Transportation Secretary Elaine L. Chao today announced the Federal Aviation Administration (FAA) will award $185.8 million in airport infrastructure grants to 62 airports in 32 states across the United States as part of the FAA’s Airport Improvement Program (AIP).

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Gatwick takes investment to £2.7 billion with new five-year plan

28 July 2017 | By International Airport Review

Gatwick Airport has today announced it will invest £1.15 billion over the next five years – with £240 million planned for 2017/18 alone – as it plans for more growth and improved efficiency, while also maintaining its record levels of passenger satisfaction.

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New £65 million centre to spearhead UK research in digital aviation technology

10 July 2017 | By International Airport Review

It has been announced today that a new £65 million Digital Aviation Research and Technology Centre (DARTeC) will be built at Cranfield University to spearhead the UK’s research into digital aviation technology. Once constructed, DARTeC will provide research facilities unprecedented in Europe.

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New agreement to boost Heathrow rail services

4 July 2017 | By International Airport Review

Heathrow, Transport for London (TfL) and the Department for Transport have agreed a commitment to boost integrated rail connectivity to the airport, including the addition of two new Elizabeth line trains per hour serving Terminal 5 from December 2019.

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Italy’s leadership role in strategic investment in aviation infrastructure

3 July 2017 | By International Airport Review

Conducting her first mission to Italy, at the invitation of its Government, ICAO Secretary General Dr. Fang Liu, encouraged the country’s aviation leaders to pursue their exemplary approach to developing aviation infrastructure and air connectivity, particularly in terms of the effectiveness of its strategic alignment of policies and practices, and…

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Record year of investment takes Gatwick past 45 million passengers milestone

29 June 2017 | By International Airport Review

In light of record-breaking passengers, Gatwick also boasts a record amount of investment over the past twelve months.

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Gatwick Foundation Fund awards £100,000 to 32 local projects

11 May 2017 | By International Airport Review

Thirty-two exceptional projects across Kent, Surrey and Sussex have been awarded £100,000 in the most recent round of grants from the Gatwick Foundation Fund.

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London Biggin Hill Airport receives £15m development investment

28 March 2017 | By International Airport Review

London Biggin Hill Airport has agreed a £15 million finance package with HSBC to fund the construction of an additional 140,000 sq ft office, hangar and business aircraft parking facility and the development of a 50-bed four star hotel.

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Heathrow and AOA voice disappointment with UK Budget 2017

8 March 2017 | By International Airport Review

The UK Chancellor Philip Hammond has presented the 2017 Spring Budget suggesting he hopes it to provide a "strong, stable platform for Brexit,"

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Infrastructure and investment key to continued sustainability of Latin American civil aviation

17 November 2016 | By International Airport Review

"Strong traffic growth forecast for Latin America clearly underscores the pressing need for infrastructure development and modernisation," ICAO state...

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Gatwick Foundation Fund to boost community causes across South East

22 September 2016 | By International Airport Review

Gatwick Airport has teamed up with Community Foundations in Kent, Surrey and Sussex to launch the Gatwick Foundation Fund...

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London City Airport given go-ahead for £344m expansion programme

27 July 2016 | By Katie Sadler, Digital Content Producer, International Airport Review

London City Airport £344m expansion programme has been given the green light by government, potentially adding £1.5 billion to the UK economy by 2025.

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Funding and finance