Nearly $12 Million in FAA Funding Coming to Niagara Falls International Airport

April 5, 2012 Updated Apr 5, 2012 at 3:14 PM EDT

By WKBW News

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Nearly $12 Million in FAA Funding Coming to Niagara Falls International Airport

April 5, 2012 Updated Apr 5, 2012 at 3:14 PM EDT

Niagara Falls, N.Y. (WKBW release) -- Standing at the Niagara Falls International Airport with Niagara Frontier Transportation Authority officials, New York Congresswoman Kathy Hochul on Thursday announced that $11.7 million in Federal Aviation Administration funding will be coming to NFIA for the construction portion of the rehabilitation of the main runway. 

According to a news release:

“This runway investment will strengthen the role of the Niagara Falls International Airport as an economic catalyst for the Niagara region, and will put it in a position to serve thousands of more passengers every year,” said Congresswoman Hochul.  “This funding could have been used anywhere in the country, and I am proud to have helped direct these funds towards improvements at our airport, which will provide an important boost to our local economy.”

“The NFTA truly appreciates all of the work that Congresswoman Hochul and the Federal Aviation Administration did to deliver this essential discretionary funding at the start of the construction season,” said Henry M. Sloma, acting Chairman of the NFTA.  “Rehabilitation of the airport's main runway will help the NFIA accommodate increases in commercial aviation and support vital military operations.  This significant federal investment will help propel the airport's potential to the next level.”   
 
According to the 2010 New York State Department of Transportation Economic Impacts Report, NFIA has an annual economic impact of $158 million and an employment impact of 2,000 jobs.  NFIA serves a market of 9.6 million people from Toronto, Canada to Erie, Pennsylvania and since 2009, the airport’s annual passenger count has increased from just 1,000 to over 200,000. One airline passenger in Upstate New York generates $840 in economic return.

Hochul added, “Between Allegiant’s expansion and the federal investment announced today, I am confident that the Niagara Falls International Airport will be a key component in Western New York’s economic development, and will serve as an international gateway to travelers and increase regional tourism revenues.”