TUPELO — Tupelo Regional Airport is getting some financial assistance for its runway extension.
The Federal Aviation Administration is providing a $544,079 grant to go to the design of the extension and a wildlife hazard assessment to identify type and population of animals near the airport and their activities.
The airport plans to lengthen the runway 650 feet on the northern end, a project expected to cost about $8 million.
Airport officials hope to bid the project in August or September and start construction in late fall or early winter.
The extension would accommodate Universal Asset Management, a jet recycling company based in Memphis. UAM is moving its Arkansas operations to Tupelo. The company, which also leases aircraft, disassembles wide-bodied and narrow-bodied aircraft and sells components and parts