US AIRPORT INDUSTRY AWAITS MAJOR PUBLIC FUNDING THROUGH OBAMA ADMINISTRATION
March 1st, 2009
BY RUSSELL BERMAN
THE AIRPORT industry in the USA has benefited from new President Barack Obama's sweeping stimulus package, which provided US$1.1 billion for enhancements to airport infrastructure.
Although just a small slice of the US$787 billion spending bill, funds for new construction are expected to be quickly distributed through federal Airport Improvement Program grants in a broader effort to create immediate jobs and jumpstart the ailing American economy.
Civil aviation industry officials praised the stimulus funding, as well as the US$800 million ...
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