- Dallas Fort Worth is latest to unveil big expansion plan
- Airport revenue bond sales total $3.8 billion this year so far
Flyers aren’t the only ones benefiting from efforts at U.S. airports to make themselves bigger and better. The $3.8 trillion municipal-bond market, desperate for new bond deals, is reaping gains from the billion-dollar revamps.
The Dallas Fort Worth International Airport, the nation’s fourth busiest, is the latest to announce an expansion, saying it intends to spend as much as $3.5 billion for a new terminal and other projects. Kansas City International and Chicago O’Hare International Airports have also kicked off big construction plans to keep up with the growing volume of passengers.
Bloomberg Markets
By Amanda Albright
May 21, 2019, 10:37 AM PDT