Aviation bonds to save Miami-Dade $28 million

Miami-Dade commissioners have authorized issuance up to $400 million in aviation revenue refunding bonds to repay bonds sold to fund prior capital improvements at county airports. Fitch Ratings gave the bond series an “A” rating and “positive” outlook, citing Miami International Airport’s “new, long-term airline use agreement, which demonstrates the signatory air carrier’s commitment to

Congress must keep air taxes in check

Some lawmakers and airport lobbyists have suggested increasing the PFC cap to $8.50 per leg. Others have proposed eliminating the cap altogether … These airports are simply getting greedy. Americans already pay $6.9 billion in airport taxes each year … In fact, airports have so much money, they can’t even use it all. Airport officials

Congress must keep air taxes in check

Some lawmakers and airport lobbyists have suggested increasing the PFC cap to $8.50 per leg. Others have proposed eliminating the cap altogether … These airports are simply getting greedy. Americans already pay $6.9 billion in airport taxes each year … In fact, airports have so much money, they can’t even use it all. Airport officials

Hawaii governor releases $40.4M in improvement funds for Kona International Airport

Gov. David Ige released $40.4 million in state funding for terminal improvements at Kona International Airport aimed to increase capacity, efficiency and security for passengers. The new terminal design will consolidate and centralize the two main terminals and security checkpoints, expediting passenger flow. Additionally, in 2019, the airport has also received over $8 million in

Louisiana regional airport receives $2M grant for parking construction

The Lafayette Airport Commission has received a $2 million grant for parking construction and rehabilitation at Lafayette Regional Airport. The grant was awarded by the U.S. Secretary of Commerce’s Economic Development Administration. The recent grant is on top of over $10 million in FAA airport improvement grants awarded to the airport this year.

Construction begins at Kansas City International Airport

After demolishing the aging terminal A at Kansas City International Airport, construction crews have moved onto the next phase of the overhaul. According to the KC Aviation Dept., this is the largest single infrastructure project in the history of the city. The full remodel is expected to be completed in 2023.

Iowa municipal airport awarded nearly $300K in state funds for upgrades

The Iowa Transportation Commission on Monday approved $7.6 million for the fiscal year 2020 State Aviation Program, clearing the way for improvements at Mason City Municipal Airport. The state awarded nearly $300,000 to the airport for a terminal upgrade and more. Statewide, aviation vertical infrastructure programs will provide $3.1 million for projects at 10 general

Billings, Mont. airport set to begin $55M expansion

Billings Logan International Airport is about to kick off a $55M remodeling project partially funded by FAA grants, all while maintaining daily operations. Phase 1 of the project will expand its two concourses, increase the number of gates from five to eight and add passenger amenities.