The Department of Transportation will award $14.9 million in airport infrastructure grants to two airports in the state of North Carolina.
The following airports in North Carolina will receive $14.9 million of Airport Improvement Program grants:
Asheville Regional Airport – $10 million to fund the airport terminal rehabilitation.
Coastal Carolina Regional in New Bern – $4.9 million to fund construction of an Aircraft Rescue and Fire Fighting Station.
This is part of a recent $485 million federal investment in America’s airports.
These investments and reforms are especially timely because the U.S. economy is robust, growing by 2.8 percent in the first half of 2019. Employers have added more than 6 million jobs since January 2017. The unemployment rate is still a remarkable 3.6 percent—the lowest in 50 years.
Aviation is an important part of that growth. According to the Federal Aviation Administration, U.S. civil aviation supports more than 5% of U.S. gross domestic product; $1.6 trillion in economic activity; and nearly 11 million jobs.
See a complete listing of grants on faa.gov.