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Q-U16. Can an airport sponsor that owns multiple airports transfer AIG Allocated funds between its airports?

Yes with limitations. IIJA specifically limits the amount of funding available for primary and nonprimary airports each fiscal year. IIJA Airport Infrastructure allocated funds are airport sponsor specific funds, which can only be transferred between airports of the same funding type. Primary AIG allocations can only be transferred to an airport that was classified as primary in the year of the allocation. Similarly, nonprimary AIG allocations can only be transferred to an airport that was classified as nonprimary in the year of allocation.

For example: airport A is classified as primary in FY22 and nonprimary in FY23 while airport B is classified as primary in FY22 and FY23. Airport A can transfer FY22 money to airport B in FY 22 but not FY23. These funds can be transferred in any year until expired.