(Photo by Emanuel Alexandru on Unsplash)

Airport revenues depend on passenger volume. So when the number of air passengers globally declined by 65% in 2020, airports took a hit, according to Airports Council International-North America, the trade association representing commercial service airports in the United States and Canada. Despite an uptick in travel in recent months, U.S. airports are still expected to lose $17 billion between April 2021 and March 2022, according to ACI-North American. These steep losses are in addition to the $23 billion of losses already on the books from the depths of the pandemic lockdowns between

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