KTNV: U.S. Transportation Secretary to give $231.44M to Nevada airports in response to COVID-19

Apr 22, 2020
In The News

Today Representative Dina Titus of Nevada’s First Congressional District, a senior member of the Transportation and Infrastructure Committee, released the following statement announcing that McCarran International Airport will receive $195,485,334 as a result of the passage of the Coronavirus Aid, Relief, and Economic Security (CARES) Act:
“Getting our airport back at full capacity will be vital to boosting Southern Nevada’s tourism economy,” said Congresswoman Titus (NV-1). “I’m proud to announce that McCarran International Airport will receive over $195 million from the CARES Act that we passed. Las Vegas will be ready to welcome visitors when we can do so safely.”
The funding will help cover lost revenue during the pandemic and assist in the preparation for a return to normal operations when it is safe to do so. McCarran International Airport is one of the nation’s top 10 busiest airports, but it is facing significant declines in travelers as a result of the coronavirus pandemic.
U.S. Secretary of Transportation Elaine L. Chao announced today the U.S. Department of Transportation’s (DOT) Federal Aviation Administration (FAA) will award $231,448,014 in airport aid to 30 airports in Nevada to help respond to the COVID-19 public health emergency.
This historic grant funding is part of the Trump Administration’s newly created The Coronavirus Aid, Relief, and Economic Security (CARES) Act Airport Grant Program , an effort to provide unprecedented and immediate relief to American families, workers, and businesses.
“This $10 billion in emergency resources will help fund the continued operations of our nation’s airports during this crisis and save workers’ jobs,” said U.S. Transportation Secretary Elaine L. Chao.

This funding will support continuing operations and replace lost revenue resulting from the sharp decline in passenger traffic and other airport business due to the COVID-19 public health emergency.
The funds are available for airport capital expenditures, airport operating expenses including payroll and utilities, and airport debt payments.
“Thank you to the dedicated men and women from the FAA’s Office of Airports for creating an entirely new program in record time to assist airport sponsors in desperate need of these funds,” said FAA Administrator Steve Dickson.