The inherent problem of building a brand new terminal at a hub airport, especially one that is so dominated by single airline, such as NW
, is the risk that the airport operator takes by undertaking such a huge project. PIT
and the US debacle is a classic example of what will end up being a gigantic white elephant. Granted, it served a purpose for a while, but the good folks at Allegheny County are now getting screwed by US.
The terminal at MEM
, while not one of the more aesthetically pleasing, is somewhat functional (considering the type of traffic that MEM
has). According to MEM
's master plan executive summary at http://www.mscaa.com
, their future plans call for expansion and renovations to the main terminal.
Regarding who would pay for it: the airport operator would pay a portion of it, through it's capital expense budget (that money would be made up from future revenues, also general obligation and revenue bonds), and some sort of matching funding from the FAA's Airport Improvement Plan Program. Northwest would likely not fund it up front, but as a singatory lessor at MEM
, would have input into the project.
Another US airport that has a brand new terminal under construction is RSW
down in Fort Myers, FL
. That terminal has a $386 million price tag on it. BTW, the cost of 27 jetways at RSW
was contracted out at $10.4 million ($385,000 each).
Tom at MSY
"The criminal ineptitude makes you furious"-Bruce Springsteen, after seeing firsthand the damage from Hurricane Katrina