CEO Message Overview Environment Social Governance Index
Financial Management Grants
As part of our commitment to financial resilience , the Airports Authority explores and seizes upon many grant opportunities to fortify its operations and enhance its financial agility .
In 2023 , the Airport Authority applied $ 45.9 million in non-capital grants towards operations . They included :
• $ 18.2 million of CARES grant
• $ 26.2 million of ARP Act
• $ 1.0 million of Other Federal grants ( includes K-9 , public safety equitable sharing , Department of Homeland Security , and FEMA programs )
• < $ 0.1 million of Virginia grants
Amid the unprecedented challenges posed by the COVID pandemic , the Airports Authority demonstrated prudent stewardship of federal relief grants , using them conservatively to sustain financial strength . This measured approach ensured the organization ' s fiscal viability and safeguarded its competitive cost per enplanement , a key metric within the aviation industry . By strategically managing these grants , the Airports Authority weathered the storms of uncertainty but also emerged with heightened financial flexibility , poised to navigate the landscape of the aviation sector with resilience and agility .
Cost Per Enplanements
46