FAA: $1 Billion Awarded to 99 Airports for Infrastructure Projects
With the goal of assisting US airports in managing the rising volume of travelers, about $1 billion will be distributed to 99 airports nationwide through the Bipartisan Infrastructure Law, according to the US Federal Aviation Agency. These awards are in addition to...
Ticket to Nowhere: Average Fares at the 100 Smallest Airports in the U.S.
CivMetrics collects key data for airports in the United States. In this post, we look at average fare data for Q3 2022 at the 100 smallest US airports. For questions about our data, or to request data, please contact [email protected]. Data is from the Bureau...
RANKING: Average Fares at the 100 Busiest Airports in the U.S.
CivMetrics collects key data for airports in the United States. In this post, we look at average fare data for Q3 2022 at the 100 busiest US airports. For questions about our data, or to request data, please contact [email protected]. Data is from the Bureau...
RANKING: The Most Expensive Airports in the U.S.
CivMetrics collects key data for airports in the United States. In this post, we look at average fare data for Q3 2022 at all US airports. For questions about our data, or to request data, please contact [email protected]. Data is from the Bureau of...
FAA Grants $608 Million Additional Funding for 440 Airports
The Federal Aviation Administration announced the allocation of $608 million to 441 airports across 46 US states as part of the first round of the 2022 Airport Improvement Program (AIP). The new funding will be given on top of the $20 billion in airport investments...
Airport Modernizations Offer Unique Partnering Opportunities
Airports in America are undergoing significant changes as focus has shifted to long-overdue, critical needs related to modernization. Finally, there is funding for these efforts. Public officials are preparing to launch thousands of projects with objectives related to...
Details of $2.5B San Antonio Airport Expansion Plan Revealed
In a briefing this month with the City Council for the solicitation and bidding for contractors and planners, officials with the San Antonio International Airport revealed the details of its $2.5 billion expansion plan which includes a new terminal. The funding for...
ACI: $2.4 Trillion Capital Investment Needed In Airport Infrastructure
Airports Council International (ACI) forecasts that more than $2.4 trillion in capital investments is needed by the airport sector to ensure that passenger demand will be met in 2040, according to a new report (The Global Outlook of Airport Capital Expenditure –...
Ratings Roundup: New Fitch Ratings on Four Airports
Fitch Rating recently assigned the ratings on the following airports in the city of Atlanta, Long Beach, Charlotte, and Fresno. Hartsfield-Jackson Atlanta International Airport (ATL) was given 'AA-' rating on its senior lien airport general revenue bonds, airport...
Looking Past Profit: Measuring the Financial Health of U.S. Airports
How should investors and ratings agencies vet the financial health of public airports? Many traditional measures of financial efficiency and profitability aren't entirely applicable to publicly-operated airports. In a new paper, researchers propose some metrics for...