Airport Improvement Program

Revenue Diversion

Revenue Diversion

Generally speaking, revenue generated by the airport, must stay with the airport. The basis of the US civil aviation system is founded upon the principle … Read More

Grant Assurance 1 - General Federal Requirements

Grant Assurance 1 – General Federal Requirements

As stated in Grant Assurances, the Airport Sponsor accepts the obligations and conditions of the Federal government in exchange for either property or money (Airport … Read More