Posted On: April 21, 2020
With air travel down by more than 90% and revenue plummeting at airports across the country, Daytona Beach International Airport is in line to receive a financial boost -- $21 million in economic stimulus funds from the federal government. The money is coming from the COVID-19 federal stimulus package known as the CARES Act.
In addition to stimulus checks to citizens and a variety of financial aid for private businesses impacted by the health crisis, the Act also included economic relief to help shore up airports. Last week Daytona Beach International, which is owned and operated by Volusia County government, learned its share from the Federal Aviation Administration will be $21,053,492. The money is designed to help keep airports in operation and financially able to continue serving the traveling public, while also keeping airport and aviation workers employed and airport credit ratings stable.
On Tuesday, the Volusia County Council unanimously paved the way for the airport to receive the funds by authorizing the county manager and county chair to sign the related documents and agreements. The council’s action on Tuesday also authorizes the manager and county chair to approve the use of the funds for eligible activities.