knox county regional airport

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Federal Aviation Bailout Is Making Bizarre Payments To Tiny Airports

May 01 2020

It’s not just airlines – and airline contractors – who got a big piece of the federal CARES Act. U.S. airports also had $10 billion in grants set aside for them. Payouts are based in part on passengers – but also debt and cash ratios, which created some strange payments to small airports like one in Maine that was awarded enough to operate for 25 years.

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