The Federal Aviation Administration (FAA) published its biennial update to the National Plan of Integrated Airports (NPIAS) last week. It contains current airport categories and estimates approximately $62.4 billion in Airport Improvement Program (AIP) eligible airport development between 2023 and 2027. This is an increase of almost $19 billion (43 percent) from the NPIAS issued two years ago, with increases across all airport types and development categories, including projects identified by airport sponsors (through March 2022) for funding under AIP and BIL.

Full Article