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San Antonio Airport Receiving Nearly $40M In Funding Assist

The federal government is awarding $39.7 million to the San Antonio International Airport through the Airport Improvement Program of the CARES Act.

Funding will support continuing operations and replace lost revenue, a news release from the transportation department states. The funds are available for capital expenditures, operating expenses including payroll and utilities, and debt payments.

“Airports across the country have seen an extreme drop in travel and, consequently, revenue due to the coronavirus pandemic,” U.S. Rep. Henry Cuellar, D-Texas, said. “This critical funding will ensure our airport can continue to pay their employees, maintain and upgrade their facilities and protect its passengers until we slow the spread of this coronavirus and get our economy moving again.”

According to Airports Council International, passenger traffic in U.S. commercial airports is expected to fall by 73% from March to June. That would result in a 53% decrease in air traffic over the first half of 2020.


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