St. John’s International Airport Authority unveiled $200 million Improvement and Expansion Plan

Investment of $200 million over 10 years (2017 to 2026) Improvements will allow Airport to accommodate 2 million passengers annually Financial Plan to fund improvement projects and ensure long-term financial sustainability Primary source of revenue to pay for infrastructure improvements is Airport Improvement Fee (AIF) AIF will increase from $30 to $35 effective July 1,… Read the full press release

St. John’s International Airport Authority hosts family-oriented events for travellers this summer

St. John’s, NL, 2016-Jun-30 — /Travel PR News/ — St. John’s International Airport Authority hosts family-oriented events including an Entertainment Series for travellers in the Airport Terminal Building over the summer season. “We’re delighted to showcase the local talent of our province,” said Marie Manning, Director of Marketing and Business Development with the St. John’s International… Read the full press release

St. John’s International Airport Authority secures $60 million privately-placed bond issue with institutional investors across Canada

ST. JOHN’S, NL, 2014-7-22 — /Travel PR News/ — St. John’s International Airport Authority announced today it has closed a $60 million privately-placed bond issue with institutional investors across Canada. The bonds will bear interest at 3.479% per annum and will mature in 10 years. The bond issue was placed by the SJIAA’s agent CIBC World… Read the full press release

St. John’s International Airport Authority announced $243 million 10-Year Airport Improvement and Expansion Plan

Investment of $243 million over 10 years (2014 to 2023) Booming local economy has resulted in unprecedented passenger growth Improvements will allow Airport to accommodate 2 million passengers by 2023 Finance Plan is in place to secure $82.5 million to fund improvement projects Primary source of revenue to pay for infrastructure improvements is AIF AIF… Read the full press release