Government Grants

Government Grants are financial assistance provided by the government to support specific activities or projects. In the aviation context, government grants are often provided to airports, airlines, and other aviation-related businesses to support infrastructure development, research and development, and other initiatives that promote the growth and safety of the aviation industry. These grants can be used for a variety of purposes, including the construction of new runways, the purchase of new equipment, and the implementation of safety measures. Government grants are typically awarded through a competitive application process, and recipients are required to meet certain criteria and comply with specific regulations.
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News Source: USA Today on 2024-11-21

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News Source: CBS News on 2024-11-21

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