Airports serving Syracuse, Binghamton, and the Elmira/Corning area will use federal funding to pay for upcoming projects to revitalize runways and enhance airfield safety.
The Federal Aviation Administration (FAA) allocated the more than $5.4 million in funding, U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) and U.S. Senator Kirsten Gillibrand (D–N.Y.) said in a joint statement Tuesday.
The funding comes from the FAA’s Airport Improvement Program (AIP).
(Sponsored)
What Distressed Property Owners Might Expect From the IRS
The commercial real estate market has been rough for some time, and the residential market has seen wild fluctuations. Inflation, high interest rates and decreased demand for office space have
CECL Accounting Standard: What You Need to Know
The Financial Accounting Standards Board Accounting Standards Codification (FASB ASC) 326, Financial Instruments-Credit Losses, became effective for all entities on January 1, 2023. This accounting standard introduces the current expected
Syracuse Hancock International Airport will use two grants totaling more than $790,000 to rebuild airfield-guidance signs. Greater Binghamton Airport (Edwin A Link Field) will use $1.8 million to rebuild or replace the airport’s lighting vault, a facility used to provide power and control for airfield light systems. Greater Binghamton will also use more than $400,000 to rebuild airfield-guidance signs.
The Elmira/Corning Regional Airport in Horseheads plans to use a grant of more than $1.5 million to rebuild its taxiway. It’ll also utilize a grant of nearly $867,000 to improve and modify its aircraft rescue and firefighting (ARFF) building.