Pittsburgh International Airport’s $1.5 Billion Terminal Upgrade Nears Completion
Pittsburgh International Airport's $1.5 billion terminal upgrade, aimed at improving efficiency and enhancing the passenger experience, is nearing completion with 80% of the modernization project finished. Set to open in the fall, the new terminal will feature...
$1.2 Billion Bond Sale to Fund John Glenn Columbus Airport’s New Terminal
The Columbus Regional Airport Authority has sold $1.2 billion in bonds to fund a new terminal at John Glenn Columbus International Airport, surpassing the initial $1 billion bond offering due to overwhelming investor demand. The terminal, set to open by 2029, will...
Orlando International Airport Rolls Out $650M Baggage System Upgrades
Orlando International Airport is investing over $650 million in upgrading its Baggage Handling System infrastructure. This renovation is taking place as the facility experiences record growth, with the airport serving 60 million passengers last year and handling an...
Utah County Commits $78 Million to Expand Provo Airport
Provo Airport is set for a major upgrade after Utah County approved an interlocal agreement with Provo City, committing $78 million to its expansion. The county will provide $19.5 million upfront and $3.9 million annually for the next 15 years to finance the...
$332 Million Awarded for Airport Modernization
The Federal Aviation Administration recently announced that 171 airports across 32 states will receive a portion of the $332 million in grants provided through the Airport Infrastructure Grants program. These grants aim to finance airport modernization initiatives,...
FAA Awards $20 Million to Upgrade Airport Control Towers
Small and regional airports in 15 states will soon be seeing infrastructure upgrades as the Federal Aviation Administration (FAA) has awarded $20 million in grants to enhance 20 airport-owned air traffic control towers. Funded through the Bipartisan Infrastructure...
Dallas Fort Worth International Airport Kicks Off $5 Billion Terminal Development
A $5 billion terminal expansion development is underway for Dallas Fort Worth International Airport as it officially breaks ground on Terminal F, a $1.6 billion project that will feature 15 new gates and is expected to be completed by 2026. An additional $2.7 billion...
Boone County Regional Airport in AR Secures $7 Million Grant for Terminal Modernization
Boone County Regional Airport has secured a $7 million grant from the FAA, which will be allocated for the development of a new 7,100-square-foot terminal, with construction set to begin in fall 2025. The new terminal will enhance accessibility, energy efficiency, and...
$2 Billion Bond Issuance Completed for JFK Terminal 6 Development
JFK Millennium Partners has successfully completed a nearly $2 billion bond issuance for the construction and operation of the new JFK Terminal 6, marking one of the top three largest municipal bond financings at a U.S. airport since 2021. The bond deal includes $1.85...
Honolulu Airport Secures $17M for Upgrades
Daniel K. Inouye International Airport in Honolulu, Hawaii, is set to receive $17 million in grants from the Federal Aviation Administration to upgrade its fire safety systems. The funding, made possible through the Bipartisan Infrastructure Law, will go toward a $7.3...