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Three Maine airports will share more than $18 million in federal funding for terminal upgrades, according to a news release Monday.
The funding comes from the Federal Aviation Administration’s fiscal year 2024 Airport Terminal Program and will go to Portland International Jetport, Presque Isle International Airport and Eastport Municipal Airport.
“Maine’s airports are vital pieces of our state’s transportation network that promote job creation and economic development,” U.S. Sen. Susan Collins, R-Maine, said.
“Throughout our state, airports play a critical role not only in carrying residents and visitors, but also in facilitating medical services for those in rural communities in emergencies when seconds count,” added Collins, who serves as vice chair of the Senate Appropriations Committee.
“These significant investments will allow airports across Maine to make much-needed improvements to their infrastructure, improving the safety and efficiency of their operations, while enhancing passengers’ overall experience.”
The funding will be allocated as follows:
At the Portland facility, Airport Director Paul Bradbury recently told Mainebiz that the Jetport has no immediate borrowing needs after replenishing its cash reserves to a “healthy” level above $40 million and offered a bullish business outlook for the year ahead.
“The unexpected soft landing has the Jetport and our regional economy well-positioned for modest but stable growth in 2024,” he said.
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