Update: The Austin Airport Advisory Commission approved the use and lease agreements at its Aug. 13 meeting. It will go to Austin City Council for consideration next.
AUSTIN (Austin Business Journal) — Austin airport officials are considering comprehensive multiyear deals with passenger and cargo airlines at Austin-Bergstrom International Airport that will shape the airport’s future and its ongoing multibillion-dollar expansion.
The new set of use and lease agreements — which could run from Jan. 1, 2026, to Sept. 30, 2035, with a two-year extension option — will be considered by the Austin Airport Advisory Commission at its Aug. 13 meeting.
“These agreements will govern how commercial passenger and cargo airlines operate at (ABIA) for the next decade,” an ABIA spokesperson said in an emailed statement. “These agreements also commit the airlines to fund key Journey With AUS expansion program projects needed to align with the airlines’ long-term growth goals and our shared desire to improve and modernize” ABIA.
Read the full article on Austin Business Journal.