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FAA Grants $608 Million Additional Funding for 440 Airports

FAA Grants $608 Million Additional Funding for 440 Airports

by CivMetrics Staff | Jun 13, 2022 | Airports, Infrastructure, Uncategorized

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

Airport Modernizations Offer Unique Partnering Opportunities

by Mary Scott Nabers | May 30, 2022 | Airports, Infrastructure, Public Private Partnerships (P3s), Uncategorized

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

Details of $2.5B San Antonio Airport Expansion Plan Revealed

by CivMetrics Staff | May 30, 2022 | Airports, Infrastructure, Uncategorized

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

ACI: $2.4 Trillion Capital Investment Needed In Airport Infrastructure

by CivMetrics Staff | May 30, 2022 | Airports, Infrastructure, Uncategorized

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

Ratings Roundup: New Fitch Ratings on Four Airports

by CivMetrics Staff | May 30, 2022 | Airports, Bonds, Infrastructure, Uncategorized

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,...
Looking Past Profit: Measuring the Financial Health of U.S. Airports

Looking Past Profit: Measuring the Financial Health of U.S. Airports

by CivMetrics Staff | May 28, 2022 | Airports, Bonds, Infrastructure, Uncategorized

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...
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