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U.S. AIRPORTS NEED $75.7 BILLION THROUGH 2019

According to a report released by the Airports Council International – North America (ACI-NA), U.S. airports are estimated to need $75.7 billion in infrastructure investment through 2019 to accommodate for the growth in passenger and cargo activity, along with needing to rehabilitate existing facilities and support aircraft innovation.

Within the five-year, $75.7 billion figure, ACI-NA estimates that commercial airports account for $62.2 (82.1%) billion while non-commercial airports account for $13.6 billion (17.9%).  Within the commercial-airports segment:

  • Large hubs account of $40.1 billion, or 52.9 percent;
  • Medium hubs account for $9.1 billion, or 12 percent;
  • Small hubs account for $7.7 billion, or 10.1 percent; and
  • Non-hubs account for $5.3 billion, or 7.1 percent

“The clear takeaway from our latest survey on airport infrastructure needs is that U.S. must move beyond the status quo and comprehensively modernize how we make these essential investments,” said ACI-NA President and CEO Kevin M. Burke.  “As the U.S. economy continues to gain strength and air travel rebounds, we must guarantee to passengers and cargo shippers that we can continue to meet increases in demand with safe, secure, and efficient facilities that keep pace with our global competition.”

Airport Capital Development Needs: 2015-2019

 

Categories: News
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