For a major international airport the size of MSP it’s certainly just a band-aid, but a $125 million infusion is nothing to sneeze at. As part of the federal government’s CARES Act which is funneling more than $2.2 trillion to various areas of the U.S. economy, airports, much like most major U.S. airlines, are being provided financial assistance to basically keep the lights on during the COVID-19 pandemic.
In total, the CARES Act that Congress passed last month will provide $10 billion to airports across the country. The CARES acronym stands for the Coronavirus Aid, Relief and Economic Security Act. On behalf of the airport, MAC (Metropolitan Airports Commission) spokesman Patrick Hogan said, “We are very grateful for the federal aid, which will help us make debt payments and continue the safe operation of our airports for those who need to travel. Long-term, the aid will not be nearly enough to cover our losses, so we are also putting in place cost-saving measures to bring expenses down as much as possible.”
The MAC also operates the St. Paul Downtown Airport, Airlake Airport in Lakeville, Flying Cloud Airport in Eden Prairie, Crystal Airport, Anoka County-Blaine Airport and Lake Elmo Airport.