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Written by Jacqueline Wazir |

Texas Airport Plans $11 Billion Bond Gusher as Growth Surges

For Wall Street bankers and investors prospecting for municipal-bond deals at a conference in Texas, Michael Phemister promised them a gusher. The vice president for treasury management at DFW International Airport said he’s planning to sell between $10 billion and $11 billion in bonds over the next five to seven years to add capacity to
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Written by Jacqueline Wazir |

Dickinson Airport runway to get major upgrade

The Dickinson Airport is getting an upgrade. A $64 million project will extend the main runway to create safer conditions for United’s commercial jets that do two roundtrips between Denver and Dickinson daily … The airport recently received almost $11 million from the U.S. Department of Transportation, and has about $3.6 million from the state
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Written by Jacqueline Wazir |

Greenville-Spartanburg International Airport master plan includes $456 million in projects over 20 years

GSP International airport unveiled its master plan Thursday after an 18 month process … “We are self-sufficient financially,” said GSP Senior Vice President/COO Kevin Howell. “We receive no local or state tax dollars to date. We do receive money from the FAA for the airport improvement program. When you fly on a commercial airline and
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Written by Jacqueline Wazir |

Revamped Terminal 1 opens at Los Angeles International Airport

… The half-billion dollar, kerb-to-gate redevelopment showcases a new check-in area featuring all-new self-service ticket kiosks, an efficient 9-lane security checkpoint, new area for baggage claim, and what LAX operator, Los Angeles World Airports (LAWA), describes as an exciting new dining and retail destinations with state-of-the-art design … The four-year, $516.7 million project created 3,475
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Written by Jacqueline Wazir |

Update to $3 billion Hawaii Airport Modernization Plan

The Hawaii Department of Transportation is about halfway done with its airport modernization plan, having invested about $1.6 billion in airport improvements since the plan began in 2013. … Hawaii’s 15-airport system is a financially self-sustaining operation, funded through user fees, including the passenger facility charge, parking and rents paid by airlines and concessioners. Airlines
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