Florida Airports will Get More than $896 Million in Financial Assistance from CARES Act
The Department of Transportation announced airports across Florida will get more than $896 million through the CARES Act. The money can be used for operations and to offset lost revenue.
One third of the money will go to the state’s busiest airports: Orlando International, Miami International and Fort Lauderdale-Hollywood International Airports.
But smaller airports like Ocala International Airport will also receive grants through the CARES Act.
Director Matt Grow says they’ll use their $69,000 dollars for utilities, to pay personnel, and for other upkeep.
He says every little bit helps: flights have fallen by 30 percent and they’ve taken a 20 percent cut to fuel sales.
“We’re healthy financially to begin with so we can absorb a little hit here and there. But our tenants I’m more concerned with them.”
Grow says he doesn’t expect general aviation airports like Ocala to be as hard hit as commercial airports in the long-term as small passenger aircraft are still flying.
“The need will always be there to travel and I’m confident that the economy specifically the aviation industry will rebound probably stronger than ever.”
Orlando International will receive more than $170 million dollars. Check out a list of Florida airports receiving funding using this interactive map.
.@USDOT Secretary Elaine L. Chao announced $10B of #COVID19 crisis aid will be released to #airports in 55 #US states and territories. Funding will provide critical operations, payroll and #safety management support. #AmericaWorksTogether https://t.co/3giZLHxARl pic.twitter.com/r44iYRhQJF
— The FAA (@FAANews) April 14, 2020
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