airport deal

United States – Gulf Shores (Jack Edwards National)

Operator // Airport Authority of the City of Gulf Shores (AACGS)

Overview

Overview

In July 2021, the Airport Authority of the City of Gulf Shores (AACGS) issued a Statement of Interest (SOI) Information Package for the Public Private Participation (PPP) project relating to the development of a new Air Service Terminal at Jack Edwards National Airport as the final phase of the airports’ transition from general aviation to commercial service airport (FAR Part 139). Over USD12.2m in improvements have been completed between 2017 and 2021, including a new commercial apron, terminal roadway, utilities and numerous airfield projects designed to meet Part 139 criteria. Concurrently, a new Air Traffic Control (ATC) tower has be constructed on the site. Also, Letters of Intent (LOIs) to provide commercial air service at the airport have been received with a targeted start date for service in April 2022.

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Passengers

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Movements

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Cargo (tonnes)

Included Airports

Airports

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United States

1 airport

Transaction Stage

Stage

Deal has been archived

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Stage 1 — Pending

Deal Structuring & Market Sounding

Initial process by government/grantor or private owner of shares to structure the transaction and/or sounding potential market interest in the opportunity.

Stage 2 — Pending

Due Diligence & Bid/Offer Development

Investor/operator evaluation for the deal/opportunity and/or business case and financial model development to support commercial bid/offer.

Stage 3 — Pending

Award, Financial Close & Transfer

Award of deal by government/grantor, or acceptance of offer from private owner of shares, followed by completion of financing conditions and, ultimately, granting of concession and/or transfer of shares.

Deal Information

Information

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