Hope Municipal Airport CARES Act Recipient

By Dale Gathright, Jr., 04/19/20 5:39 PM
Additionally, the CARES Act provides new funds distributed by various formulas for all airports that are part of the national airport system. This includes all commercial service airports, all reliever airports and some public-owned general aviation airports.

Under this new CARES Airport Program:

  • Primary commercial service airports, with more than 10,000 annual passenger boardings, will receive additional funds based on the number of annual boardings, in a similar way to how they currently receive AIP entitlement funds.
  • All commercial service airports will receive funds based on the number of passengers that board aircraft there, the amount of debt an airport has, and the amount of money the airport has in reserve.
  • General aviation airports will receive funds based on their airport categories, such as National, Regional, Local, Basic and Unclassified.