Commercial Aviation
Aegean Airlines Expands Olympic Air ATR 72-600 Fleet for Greece
Aegean Airlines strengthens regional network with two new ATR 72-600 turboprops, enhancing connectivity and efficiency across Greece by 2026.
Aegean Airlines Strengthens Regional Network with Strategic ATR 72-600 Fleet Expansion
Greece’s leading airline group, Aegean Airlines, continues its systematic fleet modernization strategy through its subsidiary Olympic Air, with the recent addition of new ATR 72-600 turboprop aircraft and firm orders for two additional units scheduled for delivery in December 2026. This expansion represents a significant commitment to regional connectivity across Greece and demonstrates the carrier’s confidence in the turboprop technology for serving domestic routes and short-haul international destinations. The ATR 72-600, recognized as the benchmark aircraft in the regional market with operating costs 20% lower than competing turboprops and 40% lower than regional jets, positions Olympic Air to enhance its operational efficiency while maintaining comprehensive coverage of Greece’s island destinations. The fleet expansion occurs within a broader context of strong financial performance for the Aegean Group, which reported a 109% increase in net profit for the first half of 2025, alongside ambitious international growth plans including new long-haul services to India using Airbus A321neo XLR aircraft. This strategic investment reflects the continuing importance of regional aviation in maintaining vital connections for Greece’s island communities while supporting the country’s tourism-dependent economy, where air transport contributes billions to GDP and supports hundreds of thousands of jobs.
The following article analyzes the background and strategic context of Aegean Airlines’ ATR 72-600 fleet expansion, exploring technical, economic, and regulatory perspectives. It draws on official statements, industry data, and expert analysis to provide a comprehensive, neutral overview of the implications for Greek aviation and the broader regional aircraft market.
Background and Corporate Structure of Aegean Airlines Group
Aegean Airlines has established itself as Greece’s dominant carrier through a carefully orchestrated growth strategy that combines organic expansion with strategic acquisitions. The most significant of these acquisitions was Olympic Air, which became a subsidiary of Aegean Airlines following European Commission approval in October 2013. This acquisition created a comprehensive airline group capable of serving both mainline international routes through Aegean’s jet fleet and regional domestic routes through Olympic Air’s turboprop operations.
Olympic Air emerged from the privatization of the former Greek national carrier Olympic Airlines and commenced operations in 2009. The airline maintains its main hubs at Thessaloniki International Airport and Athens International Airport, with Rhodes International Airport serving as a secondary hub. Importantly, Olympic Air retained the IATA code “OA,” preserving the historical connection to Greece’s aviation heritage.
Today, Olympic Air functions as a service provider for parent company Aegean Airlines, focusing on domestic routes, particularly those requiring aircraft with short-field performance and high frequency. This allows the group to optimize fleet utilization, using turboprops for shorter domestic routes where their fuel efficiency provides significant advantages, while deploying jets for longer international services.
“The merger of Aegean Airlines and Olympic Air has created a group uniquely positioned to serve both domestic and international markets, leveraging the operational strengths of both jet and turboprop fleets.”
Fleet Composition and Modernization
As of 2025, Olympic Air operates a mixed turboprop fleet consisting of thirteen ATR 72-600 aircraft, three ATR 42-600 aircraft, and two Bombardier DHC-8-100 aircraft. This fleet composition demonstrates the airline’s commitment to the ATR platform, which has become the backbone of its regional operations following the replacement of older aircraft with more modern and efficient ATR 72-600 variants.
The ATR 72-600 is recognized for its operational efficiency and versatility, making it ideally suited to the Greek domestic network, which includes numerous island destinations with challenging airport infrastructure. The aircraft’s ability to operate from shorter runways and in variable weather conditions is a key advantage for Olympic Air.
The group’s fleet strategy is coordinated to ensure capacity and product quality across both mainline and regional segments. While Aegean Airlines operates exclusively jet aircraft, Olympic Air specializes in turboprop operations, reflecting a clear division of responsibilities and maximizing operational efficiency.
The ATR 72-600 Fleet Expansion Details
The latest chapter in Olympic Air’s fleet modernization involves the addition of two new ATR 72-600 aircraft, with delivery scheduled for December 2026. This order is a continuation of Aegean’s ongoing commitment to Olympic Air’s modernization program. According to Aegean deputy chief Michalis Kouveliotis, the new aircraft reflect an “ongoing commitment” to Olympic’s modernization.
The delivery timeline is part of a broader plan, with the group also scheduled to receive two Airbus A321neo aircraft and one ATR 72-600 in the final four months of 2025. The most recent ATR 72-600 delivery occurred in early October 2025, when Olympic Air received aircraft SX-OBU, representing the final unit from an earlier order. The two additional aircraft will bring Olympic Air’s ATR 72-600 fleet to fifteen units, significantly enhancing its capacity.
Olympic Air utilizes its ATR fleet on both domestic routes within Greece and international services to regional destinations, capitalizing on the aircraft’s versatility and efficiency for short to medium-haul operations. Kouveliotis emphasized the strategic importance of these aircraft in maintaining connectivity across Greece, especially for island communities.
“We remain confident that ATR’s latest-generation aircraft will enable us to further enhance connectivity across Greece.” — Michalis Kouveliotis, Aegean Airlines
Technical Specifications and Operational Advantages
The ATR 72-600 is powered by two Pratt & Whitney Canada PW127M engines, each rated at 2,475 shaft horsepower, driving six-bladed propellers. This configuration enables the aircraft to achieve a maximum takeoff weight of 23,000 kg while maintaining exceptional fuel efficiency. The aircraft accommodates up to 72 passengers in its standard configuration, with high-density layouts certified for up to 78 seats.
The ATR 72-600 achieves a normal cruise speed of 275 knots and a maximum operating altitude of 25,000 feet. Its short-field performance, requiring just 1,333 meters for takeoff and 914 meters for landing, makes it well-suited for operations at Greek island airports with limited runway lengths.
The aircraft’s advanced avionics include five LCD screens and a multi-purpose computer for increased safety and operational capabilities. Thales avionics provide Required Navigation Performance (RNP) capabilities, enabling precision approaches at airports with challenging terrain or weather.
“The ATR 72-600’s superior economics, 20% lower operating costs than competing turboprops and 40% lower than regional jets, make it the benchmark for regional connectivity.”
Economic and Financial Context
The financial implications of Olympic Air’s ATR 72-600 expansion are supported by the Aegean Group’s strong financial performance. The group reported consolidated revenue of €787 million and a net profit after tax of €47.9 million in the first half of 2025, with cash reserves of €841.9 million. The estimated investment for two new ATR 72-600s is approximately $52 million, based on recent aircraft pricing.
Operating economics are compelling: the ATR 72-600 has variable costs of approximately $1.6 million per year (based on 450 annual hours), with total annual costs around $2.2 million. These operating costs are significantly lower than those of alternative aircraft, especially regional jets, due to the ATR’s fuel efficiency and lower maintenance requirements.
The broader economic impact of Olympic Air’s operations is substantial. Air transport in Greece contributes billions to GDP and supports hundreds of thousands of jobs, with aviation playing a critical role in tourism and regional economic development.
Market Positioning and Industry Trends
Olympic Air’s ATR 72-600 expansion occurs in a competitive European market. According to EUROCONTROL, European aviation recorded 10.7 million flights in 2024, with the regional segment holding a 13% market share. The ATR platform is dominant in this segment, with ATR securing 56 aircraft orders in 2024 and maintaining a backlog of over 150 aircraft.
Environmental considerations are increasingly influencing fleet decisions. The ATR 72-600 consumes 45% less fuel and emits 45% less CO2 than similar-size regional jets, aligning with regulatory pressures and industry commitments to net-zero emissions by 2050. The FAA’s new rules for fuel-efficient aircraft, effective for those manufactured after January 2028, underscore the growing importance of efficiency.
The Greek domestic market, with its unique geography of numerous islands, favors turboprop operations. There are 39 airports with scheduled flights in Greece, connecting to 57 countries and served by over 100 airlines. This infrastructure supports Olympic Air’s strategy of providing essential connectivity using efficient, modern turboprops.
“ATR aircraft open an average of 120 new routes annually while providing significant environmental benefits, key factors in their continued market success.”
Strategic Implications for Greece
The expansion of Olympic Air’s ATR fleet enhances regional connectivity, supporting both resident populations and the tourism sector. Aviation is vital for Greece, where many islands rely on air transport as the primary means of connection to the mainland and each other.
The dual-fleet strategy of the Aegean Group, jets for international routes and turboprops for domestic/regional, maximizes operational flexibility and network coverage. This integration allows seamless connections for passengers and leverages economies of scale in maintenance and training.
Investment in modern ATR aircraft also supports Greece’s aviation maintenance and services sector, potentially positioning the country as a regional hub for ATR support and operations.
Regulatory and Environmental Considerations
The ATR 72-600’s efficiency supports compliance with evolving European Union environmental regulations, including the European Green Deal’s emissions targets. Its low noise profile is advantageous for operations at airports near residential areas, common in Greece.
Advanced safety and avionics systems ensure compliance with rigorous European Aviation Safety Agency standards, supporting reliable operations even at airports with challenging weather or terrain.
The aircraft’s environmental performance also provides a buffer against potential future costs from carbon pricing or stricter emissions regulations, enhancing the long-term sustainability of Olympic Air’s operations.
Conclusion
Olympic Air’s ATR 72-600 fleet expansion represents a strategic investment that strengthens Greece’s regional aviation infrastructure and supports the Aegean Group’s competitive position. The addition of two new aircraft, along with recent deliveries, creates a modern and efficient fleet capable of serving the country’s unique geographic needs while maintaining strong financial and environmental performance.
Looking ahead, the success of this expansion will depend on optimizing aircraft utilization and maintaining high service quality. The ATR 72-600’s technical and economic advantages, combined with the Aegean Group’s financial strength and operational expertise, position Olympic Air to continue playing a critical role in Greek aviation and to provide a model for sustainable regional connectivity in similar markets worldwide.
FAQ
Question: How many ATR 72-600 aircraft will Olympic Air operate after the latest order?
Answer: Olympic Air will operate a total of fifteen ATR 72-600 aircraft after the two additional units are delivered in December 2026.
Question: Why does Olympic Air use ATR 72-600 aircraft for its domestic routes?
Answer: The ATR 72-600 offers superior fuel efficiency, short runway performance, and operational flexibility, making it ideal for serving Greece’s numerous island destinations and airports with limited infrastructure.
Question: What are the environmental benefits of the ATR 72-600?
Answer: The ATR 72-600 consumes 45% less fuel and emits 45% less CO2 than comparable regional jets, supporting compliance with environmental regulations and sustainability goals.
Question: How does the fleet expansion support Greece’s tourism industry?
Answer: By enhancing regional connectivity, the expanded ATR fleet ensures reliable air service to island destinations, which is vital for the tourism sector that significantly contributes to Greece’s GDP and employment.
Question: What is the financial position of the Aegean Group regarding this investment?
Answer: The Aegean Group reported strong financial results in the first half of 2025, with significant cash reserves, making the investment in new ATR aircraft financially sustainable.
Sources: ATR Aircraft Press Release
Photo Credit: ATR
Aircraft Orders & Deliveries
Saudia Expands Fleet with Airbus A321XLR and 12 New Aircraft in 2026
Saudia plans to add 12 aircraft in 2026, reaching 161 total. The fleet includes the Airbus A321XLR, enhancing long-haul efficiency and premium service.
This article is based on an official press release from Saudia.
Saudia, the national flag carrier of the Kingdom of Saudi Arabia, is accelerating its fleet modernization strategy. According to an official company press release, the airline plans to take delivery of 12 new aircraft throughout 2026. This ongoing expansion is projected to bring Saudia’s total active fleet to 161 aircraft by the end of the year.
The 2026 delivery schedule is designed to reinforce the airline’s long-term transformation strategy. By integrating next-generation aircraft, Saudia aims to increase operational capacity, improve network flexibility, and support the development of new international destinations while elevating the overall passenger experience.
Modernizing the Fleet with Next-Generation Aircraft
The Airbus A321XLR Game-Changer
A major highlight of this expansion phase is the introduction of the Airbus A321XLR. Supplementary industry data indicates that Saudia is the first operator of this extra-long-range narrow-body jet in the Middle East and Africa, having received its first unit in late May 2026. The airline has 15 A321XLRs on order, with all expected to be delivered by the end of 2027.
The A321XLR boasts a range of up to 8,700 kilometers, allowing Saudia to operate long-haul routes with the economic efficiency of a single-aisle aircraft. It features a premium, low-density 144-seat configuration, which includes 24 full-flat Business Class suites and 120 Economy Class seats.
Enhancing the A321neo Experience
Alongside the XLR, the standard Airbus A321neo further enhances Saudia’s narrow-body capabilities for short-to-medium-haul routes. The press release notes that these aircraft feature 188 seats, 20 in Business Class and 168 in Guest Class. Both aircraft types are equipped with high-speed inflight connectivity, 13-inch personal entertainment screens, and upgraded cabin designs aimed at improving onboard comfort.
Operational Readiness and Workforce Development
Expanding a global fleet requires significant logistical and human resource planning. Saudia has emphasized that workforce preparation is occurring concurrently with its aircraft deliveries. To prevent operational bottlenecks, the airline has already graduated new cohorts of pilots, cabin crew, and maintenance specialists through training programs aligned with international aviation standards.
“Preparing the workforce for fleet expansion is just as important as preparing the aircraft themselves,” stated His Excellency Engr. Ibrahim Al-Omar, Director General of Saudia Group, in the official release.
With the fleet expected to reach 161 aircraft by year-end, additional cohorts are currently undergoing training to support future deliveries, reflecting the airline’s commitment to developing national talent.
Strategic Alignment with Saudi Vision 2030
The fleet expansion is heavily intertwined with Saudi Vision 2030. According to broader industry reports, the Kingdom’s National Aviation Strategy aims to attract 150 million visitors annually and accommodate 330 million airport users by the end of the decade. Saudia’s growth is positioned as a critical enabler of these tourism and connectivity ambitions.
AirPro News analysis
We observe that Saudia’s deployment of the A321XLR represents a strategic “right-sizing” of its network. By utilizing a 144-seat narrow-body aircraft on routes to Europe or the Maldives, the airline can maintain premium service frequencies without the financial risk of operating half-empty wide-body jets, such as the Boeing 787 or 777.
Furthermore, this expansion comes amid heightened domestic competition. With the launch of the Kingdom’s second flag carrier, Riyadh Air, in late 2025, and the aggressive growth of low-cost carriers like flynas, Saudia’s focus on premium cabins and operational efficiency is a calculated move. The inclusion of 24 full-flat suites on a single-aisle aircraft signals a clear intent to defend its market share and compete directly with top-tier global carriers for high-paying business and leisure travelers.
Frequently Asked Questions (FAQ)
- How many aircraft is Saudia receiving in 2026? Saudia is taking delivery of 12 new aircraft progressively throughout 2026.
- What is Saudia’s target fleet size? The airline expects its active fleet to reach 161 aircraft by the end of 2026.
- What makes the Airbus A321XLR significant? The A321XLR allows Saudia to fly long-haul routes (up to 8,700 kilometers) using a highly efficient, single-aisle narrow-body aircraft equipped with premium full-flat Business Class suites.
Sources: Saudia Press Release, Industry Research Data
Photo Credit: Saudia
Route Development
Annecy Airport Opens €2.5M Eco-Friendly Terminal Upgrade
VINCI Airports and Haute-Savoie Council inaugurate a €2.5 million eco-friendly terminal at Annecy Airport, boosting passenger comfort and sustainability.
This article is based on an official press release from VINCI Airports.
Annecy Haute-Savoie Mont-Blanc Airport Inaugurates €2.5 Million Eco-Friendly Terminal
On May 26, 2026, VINCI Airports and the Haute-Savoie Council officially inaugurated the newly renovated terminal at the Annecy Haute-Savoie Mont-Blanc Airport (NCY). According to the official press release, the €2.5 million redevelopment project is designed to enhance the experience for both passengers and employees while aligning the facility with stringent environmental standards.
The airport, located in the Auvergne-Rhône-Alpes region of France, serves as a critical gateway for business and general aviation. It offers direct access to Lake Annecy, Lake Geneva, and the prestigious winter sports resorts of the Mont Blanc region.
This terminal inauguration marks a significant milestone in a broader €10 million, 15-year investment plan that began when VINCI Airports assumed management of the airport’s concession in 2022. The public service delegation agreement, awarded by the Haute-Savoie Council, runs until 2037.
Modernizing the Passenger and Crew Experience
Construction on the terminal lasted 18 months, commencing in July 2024 and concluding in January 2026. The press release notes that the facility now boasts three modern passenger lounges, a significant upgrade from the single lounge previously available to travelers.
In addition to passenger amenities, the renovation prioritized operational staff and flight crews. The terminal now includes a dedicated rest area for crews and more ergonomic workspaces for airport employees. Furthermore, a newly integrated forecourt has been designed to facilitate easier access for people with reduced mobility (PRM).
Part of a Broader Master Plan
The terminal upgrade is a central component of the long-term modernization strategy co-financed by VINCI Airports and the Haute-Savoie Council. Prior to the terminal’s completion, VINCI Airports successfully restored the airport’s runways, taxiways, and aircraft stands as part of its initial infrastructure improvements.
Driving the Green Transition in Regional Aviation
A major focus of the €2.5 million renovation was reducing the airport’s carbon footprint, a move that aligns with VINCI Airports’ global environmental strategy to achieve net-zero emissions (Scopes 1 and 2) across its network by 2050.
According to the company’s statements, the new terminal will reduce emissions by 30 tonnes of CO2 equivalent per year. This reduction is achieved through the complete elimination of gas use, the installation of reinforced thermal insulation, and the implementation of precise monitoring equipment for water and electricity consumption.
Beyond the terminal building, the airport has also upgraded its airside infrastructure to support next-generation aircraft. A newly installed fuel station is now capable of distributing Sustainable Aviation Fuel (SAF) and features a charging point for electric aircraft.
“The inauguration of this new terminal marks a key milestone in the development of Annecy Haute-Savoie Mont-Blanc airport. It reflects our commitment to providing optimal service quality to all passengers while integrating the airport into a sustainable and energy-efficient approach. Alongside the Haute-Savoie Council, we have leveraged our expertise to enhance the region’s influence and meet the shared ambitions for the airport’s future,” stated Rémi Maumon de Longevialle, CEO of VINCI Airports, in the press release.
AirPro News analysis
We observe that regional airports like Annecy Haute-Savoie Mont-Blanc are increasingly serving as vital proving grounds for aviation’s green transition. By integrating SAF distribution and electric aircraft charging points into a relatively small-scale €2.5 million terminal project, operators can test and refine sustainable infrastructure before scaling it to major international hubs. Furthermore, the collaboration between a private operator and a local governmental body highlights how public-private partnerships are essential for funding the modernization of aging regional aviation assets without placing the entire financial burden on local municipalities.
Frequently Asked Questions (FAQ)
How much did the new terminal at Annecy Haute-Savoie Mont-Blanc Airport cost?
The terminal redevelopment project cost €2.5 million and was co-financed by VINCI Airports and the Haute-Savoie Council.
What are the environmental benefits of the new terminal?
The new facility is projected to reduce emissions by 30 tonnes of CO2 equivalent per year by eliminating gas use, improving thermal insulation, and monitoring utility consumption. The airport also added SAF distribution and electric aircraft charging capabilities.
Who manages the Annecy Haute-Savoie Mont-Blanc Airport?
VINCI Airports manages the facility under a 15-year public service delegation agreement awarded by the Haute-Savoie Council, which began on January 1, 2022, and runs until 2037.
Photo Credit: VINCI Airports
Route Development
FAA Allocates $523 Million for Airport Infrastructure Upgrades in 2026
FAA announces $523 million in grants to modernize airports across 43 states, supporting runway, terminal, and safety improvements in 2026.
This article is based on an official press release from the Federal Aviation Administration (FAA).
On May 28, 2026, the Federal Aviation Administration (FAA) announced a substantial injection of capital into the American aviation system. U.S. Transportation Secretary Sean P. Duffy revealed that over $523 million in infrastructure grants will be distributed to airports across the United States. According to the official press release, this funding aims to modernize aging facilities, enhance operational safety, and improve overall efficiency for travelers.
This allocation marks the fifth and final installment of the $2.89 billion designated for fiscal year 2026 under the Airport Infrastructure Grants (AIG) program. The FAA noted that the funds will be spread across 332 individual grants, reaching airports in 43 states.
As we look toward a record-breaking summer travel season, these investments target critical upgrades. Eligible projects under this funding round include runway and taxiway rehabilitation, apron improvements, terminal upgrades, baggage system replacements, de-icing pad expansions, roadway access improvements, and sustainability initiatives.
Breaking Down the $523 Million Investment
Major Airport Allocations
The FAA highlighted several major airports receiving significant portions of the funding to address critical infrastructure needs. According to the agency’s data, the largest single grant in this round is directed to Texas, with substantial investments also flowing into Florida, North Carolina, and New York.
Key allocations detailed in the announcement include:
- Dallas-Fort Worth International Airport (TX): $70 million designated for runway rehabilitation.
- Charlotte Douglas International Airport (NC): $46.9 million for apron expansion.
- Miami International Airport (FL): $41.9 million for terminal reconstruction and fuel farm expansion.
- Syracuse Hancock International Airport (NY): $18.7 million for de-icing pad expansion and reconstruction.
- Fort Lauderdale-Hollywood International Airport (FL): $18.6 million for new taxi lane construction.
- Philadelphia International Airport (PA): $18 million for taxiway pavement reconstruction.
- Orlando Sanford International Airport (FL): $16.2 million for a taxiway extension.
- Baton Rouge Metro Airport/Ryan Field (LA): $10.9 million for terminal and baggage system replacement.
- Eppley Airfield (Omaha, NE): $10.5 million for terminal and boarding bridge reconstruction.
The Airport Infrastructure Grants (AIG) Program
The funding vehicle for these grants, the AIG program, was established under the bipartisan Infrastructure Investment and Jobs Act signed into law in 2021. The FAA states that the program was designed to provide $14.5 billion over five years, beginning in fiscal year 2022, to support both primary and non-primary airports across the country.
Leadership Perspectives and Growing Demand
Preparing for the Summer Surge
The aviation sector is currently experiencing surging demand. To provide context, the Department of Transportation recently forecasted 5.4 million flights between Memorial Day and Labor Day weekend in 2026. This underscores the urgent need for infrastructure reliability and modernization across the national airspace.
In the official announcement, U.S. Transportation Secretary Sean P. Duffy emphasized the administration’s focus on improving the passenger experience:
“Upgrading our runway infrastructure is part of our work to usher in the Golden Age of Transportation. American families deserve state-of-the-art runways and infrastructure that will make their travel experience safer, smoother, and more efficient.”, U.S. Transportation Secretary Sean P. Duffy
FAA Administrator Bryan Bedford echoed this sentiment, highlighting the speed at which the agency is deploying these funds to meet industry pressures:
“The FAA is moving at record speed to deliver these investments to airports nationwide. These projects will improve reliability across the aviation system while helping airports meet growing demand.”, FAA Administrator Bryan Bedford
Broader Aviation Modernization Efforts
Modern Skies and Workforce Development
The $523 million infrastructure announcement does not exist in a vacuum; it is part of a broader push by the current administration to overhaul the U.S. aviation system. Just days prior, on May 22, 2026, Secretary Duffy announced the launch of the “Modern Skies” website. This transparency tool tracks a separate $12.5 billion effort to modernize the nation’s air traffic control system, which includes replacing aging radar systems, radios, and copper wire connections by 2028.
Furthermore, on May 18, 2026, the FAA announced a $970 million investment through the Airport Terminal Program (ATP). This specific funding is aimed at making airports more family-friendly, supporting projects like sensory rooms, mother’s rooms, and upgraded restrooms.
Addressing the human element of aviation infrastructure, Secretary Duffy also announced on May 28 that Angelo State University became the first Texas college to join the FAA’s Enhanced Air Traffic Controller Training Program, a move designed to address the ongoing need for qualified aviation personnel.
AirPro News analysis
We view this latest round of FAA funding as a necessary, albeit overdue, step toward stabilizing an aviation network that has been stretched thin by post-pandemic travel surges. By simultaneously addressing physical infrastructure (the $523 million AIG grants), technological backbones (the $12.5 billion Modern Skies initiative), and human capital (the Enhanced Air Traffic Controller Training Program), the Department of Transportation is attempting a holistic fix rather than piecemeal patching.
However, the true test of these investments will be in their execution. While $70 million for Dallas-Fort Worth or $41.9 million for Miami are substantial figures, the timeline for completing runway rehabilitations and terminal reconstructions often stretches over years. Passengers navigating the forecasted 5.4 million flights this summer will likely not feel the immediate benefits of these specific grants, but the long-term capacity and safety improvements are vital for the industry’s sustained growth.
Frequently Asked Questions
What is the Airport Infrastructure Grants (AIG) program?
The AIG program is a funding initiative established by the 2021 bipartisan Infrastructure Investment and Jobs Act. It provides $14.5 billion over five years to modernize primary and non-primary airports across the United States.
How many airports are receiving funding in this latest round?
The FAA is distributing over $523 million through 332 individual grants to airports across 43 states.
What types of projects are eligible for this funding?
Funds are designated for runway and taxiway rehabilitation, apron improvements, terminal upgrades, baggage system replacements, de-icing pad expansions, roadway access improvements, and sustainability projects.
Sources: Federal Aviation Administration (FAA) Press Release
Photo Credit: Miami International Airport
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