Airports are flush with cash and are recording sky-high revenues. See where this money is being used to improve the passenger experience without increasing the PFC.
The Metropolitan Knoxville Airport Authority (MKAA) late last week hosted a ceremonial event to officially break ground on the parking garage expansion and terminal roadway improvement project and to announce the launch of Flight Plan, a major expansion and renovation program designed to accommodate significant passenger growth at McGhee Tyson Airport (TYS).
New Jersey’s Newark Liberty International Airport (EWR) outlined a “vision plan” that includes replacing its Terminal B with a modern facility and the AirTrain that connects the terminals and parking areas. Airport officials said Newark’s two-year-old, $2.7 billion Terminal A can serve as a template for what the whole airport could be.
Charlotte Douglas International Airport (CLT) has received a $290 million commitment from the Federal Aviation Administration (FAA) for its fourth runway.
The $2 billion terminal project is being constructed in two phases so that the old ticket counters and security checkpoints could keep operating until the new ones were ready to go, which meant the airport had to shift all of those operations to their new facilities literally overnight for Wednesday’s grand opening.
The U.S. Department of Transportation’s Federal Aviation Administration (FAA) has announced over $374 million in grants for airfield, safety, and improvement projects at 299 airports across 46 states and American Samoa.
Sacramento International Airport provided a quarterly update this week to Sacramento County elected leaders on its plans to develop the campus with new additions and upgraded buildings as a part of its $1.3 billion “SMForward” initiative.