What does GAAP mean in AIRCRAFT & AVIATION
General Aviation Airport Program (GAAP) is a federal initiative designed to improve the safety and quality of general aviation airports around the United States. GAAP provides funding for projects related to capital improvement, environmental compliance and training related to the operation and maintenance of general aviation airports.
GAAP meaning in Aircraft & Aviation in Miscellaneous
GAAP mostly used in an acronym Aircraft & Aviation in Category Miscellaneous that means General Aviation Airport Program
Shorthand: GAAP,
Full Form: General Aviation Airport Program
For more information of "General Aviation Airport Program", see the section below.
Essential Questions and Answers on General Aviation Airport Program in "MISCELLANEOUS»AIRCRAFT"
What is GAAP?
GAAP stands for General Aviation Airport Program, which is a federal initiative designed to improve the safety and quality of general aviation airports around the United States.
Where does GAAP provide funding?
GAAP provides funding for projects related to capital improvement, environmental compliance and training related to the operation and maintenance of general aviation airports.
What are some examples of projects that could be funded by GAAP?
Examples of projects that could be funded by GAAP include paving runways, remodeling hangars, implementing noise abatement measures, complying with EPA regulations, providing pilot education programs and other similar initiatives.
Who can apply for funding from GAAP?
The Federal Aviation Administration (FAA) administers GAAP funds through competitive grants made available only to public airport sponsors. Private entities do not qualify for these funds as they must go to public airport sponsors.
How can I find out more information about GAAP?
You can find out more information about the General Aviation Airport Program at www.faa.gov/airports/aip_grants/. This website has detailed information about grant eligibility requirements and application processes as well as resources on how to apply.
Final Words:
The General Aviation Airport Program enables public airport sponsors to receive federal grants in order to fund critical upgrades and maintenance necessary for ensuring safe operation of general aviation airports across the United States. Applications are administered by the FAA so those interested should visit their website or contact an airport grant specialist at their local FAA Flight Standards District Office (FSDO).