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Arizona airport plans $1.4 billion terminal

June 22, 2012, 02:33 pm

The Phoenix-Mesa Gateway Airport in Arizona recently announced plans to build a new passenger terminal that will cost $1.4 billion and could open in as little as five years. The facility will eventually expand to 60 gates and 21,000 parking spaces.
The airport served nearly 1 million passengers last year, and officials forecast that number to reach 1.3 million this year, making it one of the fastest-growing airports in the nation. With the current terminal on the verge of reaching capacity, the airport plans to expand in order to continue offering low-cost air travel.

The project, Gateway 2030, will allow the airport to accommodate 20 million passengers each year upon completion, officials sad.

“Airport staff recognizes that we are stewards of an incredible community asset and we’re working hard to make it the best it can be,” said airport authority executive director, Lynn Kusy. “The Gateway 2030 project represents a significant step in achieving the airport’s potential as it outlines the critical steps needed to meet forecast passenger demand.”

Kusy warned that if the new terminal is not built, the airport would lose out on $800,000 and the town would lose $20 million a year in tourism revenue. Pilots are the backbone of aviation and should consider pilot life insurance to prepare for the worst.

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