Two Largest Airports in Arkansas Seek State Funding

Officials at the state's two largest airports, the Little Rock Airport and Northwest Arkansas Regional Airport in Highfill, say they'll soon be asking for state money, The Associated Press reports.

They plan to ask the Legislature in January for help in funding capital improvements, saying they've identified three potential sources for the money: the expected $721 million surplus in the General Improvement Fund, a share in existing taxes on jet fuel, parking revenue and car rental revenue, or creation of a new 1 percent sales tax on airport fuel, concessions, car rental and general aviation services.

The Little Rock Airport had 2.5 million passengers in 2005, while the Northwest Arkansas Regional Airport had 1.1 million, according to The Associated Press.

The airports now operate on general revenue, federal aid and airline subsidies. The Northwest Arkansas Regional Airport is considering a number of projects, including a $20 million second concourse, a second runway and a parking deck.

The Little Rock Airport also has many capital projects under consideration, including the replacement or renovation of its existing terminal.

Comment On This Story

Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Why Do We Visit Capitol Hill?

Members of the American Car Rental Association met with U.S. senators, representatives, and their aides last week. Here’s why bringing the message to this forum matters.

The Customer Isn’t Always Right

Not caving to a customer with a blatant agenda may have consequences, especially for a small rental company that relies on stellar Yelp ratings to advertise. But business integrity must prevail.

The Truth Behind Compact Van Depreciation

Why are large van values holding up better than their compact counterparts, and will it last?

Job Finder: Access Top Talent. Fill Key Positions.