Erlanger, Ky. (September 28, 2020) ― The U.S. Department of Transportation (DOT) announced today that the Cincinnati/Northern Kentucky International Airport (CVG) will receive an additional $6.7M in Airport Improvement Program grants. Earlier this month, U.S. DOT awarded $45M in AIP funding to CVG. Today’s announcement increases this amount to $51.7M.
The additional $6.7M allocation to CVG includes supplemental discretionary AIP funding, as well as additional CARES Act funds. These dollars will be dedicated to runway rehabilitation and associated taxiway projects at CVG that were previously announced.
“We are grateful to the U.S. Department of Transportation and Secretary Elaine Chao for additional funding for these critical projects at CVG,” said Candace McGraw, chief executive officer, CVG. “Continued investment in our airport’s infrastructure will speed the region’s economic recovery from the significant impact of the pandemic. An investment in infrastructure is an investment in jobs and our community’s future.”
The Cincinnati/Northern Kentucky International Airport (CVG) has been serving commercial passengers since 1947. CVG welcomed more than 9.1 million passengers in 2019 and has the lowest airfares in the region. Prior to the COVID-19 pandemic, CVG was one of the fastest-growing passenger airports in the U.S., with more than 50 nonstop destinations. As the 7th largest cargo airport in North America and home to the Amazon Air Hub and DHL Express Global Superhub, the airport is furthering its position as a leader in aviation and as an economic driver for the community. Learn more at CVGairport.com.