May 8, 2019, Washington, D.C. – The Board of Directors of the Regional Airline Association, the industry trade association representing North American regional airlines, on May 7 ratified the establishment of the RAA Scholarship Foundation. The purpose of the foundation is to support RAA’s scholarship program, which provides financial assistance to students pursuing careers in aviation.
RAA awards $16,000-$20,000 in scholarships annually to students in collegiate aviation programs. In 2018, RAA awarded four, $4,000 scholarships.
“Through the RAA Scholarship Foundation, we have aspirations of growing the scholarship fund exponentially from our current $20,000-a-year program,” RAA President and CEO Faye Malarkey Black said. “RAA is greatly concerned about the financial burden placed on individuals seeking a career as a pilot, or other roles in the airline industry, and is working to find solutions for making a career in aviation more accessible. The scholarship program is one such solution.”
The RAA Scholarship Foundation was ratified by the RAA Board of Directors during its meeting in Washington, D.C.
The Regional Airline Association (RAA) provides a unified voice of advocacy for North American regional airlines aimed at promoting a safe, reliable and robust regional airline industry. RAA serves as an important support network connecting regional airlines, industry business partners and government regulators, and promotes the interests of regional airlines in a changing business environment. In the United States, regional airlines operate 41 percent of scheduled passenger flights and provide the only source of scheduled air service to nearly two-thirds of the nation’s airports.