The Federal Aviation Administration has announced that it is awarding $427 million in funding for 245 airport-related infrastructure grants across 39 states to modernize and improve America's airports.
The projects are funded under Bipartisan Infrastructure Law Airport Infrastructure Grants (AIG) program for airport improvements such as terminal expansions and baggage system upgrades, runway safety enhancements, and air traffic infrastructure improvements.????
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.