Austin Secures $1.2B Revenue Bond Sale for Airport Improvements

Austin-Bergstrom International Airport (AUS) has successfully completed an Airport System Revenue Bond sale, securing $1.18 billion in funding to advance critical infrastructure projects. The transaction marks the largest bond sale in the history of the airport and the City of Austin. Particpating airlines will provide revenue to pay for the bonds.

The funds will support near-term projects within the Airport Expansion and Development Program (AEDP), a multibillion-dollar initiative designed to modernize facilities, increase capacity, and enhance the passenger experience.
 
Originally designed to serve 11 million annual passengers, and with a current capability of serving an estimated 15 million annual passengers, AUS is on track to serve 22 million passengers in fiscal year 2026, far exceeding its original capacity.
 
Planned improvements include a new 26-gate Concourse B and Tunnel, a new Arrivals and Departures Hall, an integrated baggage handling system, a 6-gate satellite Concourse M, and expanded parking options.