Airports
Missouri airport first to use new AAAE financing
The Springfield-Branson Regional Airport (SGF) in Missouri has become the first borrower under a new $300 million airport projects pooled loan financing pr

The Springfield-Branson Regional Airport (SGF) in Missouri has become the first borrower under a new $300 million airport projects pooled loan financing program created by the American Association of Airport Executives (AAAE).

Not only will the approximately $34.5 million loan pay for runway and taxiway improvements, a second ILS and a new airfield electrical vault at SGF, but $1.2 million of it will be used to pay off a note for the purchase of the Air Park South Airport (2K2) in nearby Ozark, Mo., which will be rehabilitated and used as a general aviation facility.