- July 10, 2021
- Posted by: Stratford Team
- Category: Business
Editor’s note: The Regional Transportation Alliance on Friday issued a report that calls for a variety of new funding and other steps to help meet capital spending needs for improvements and additions at RDU International. Here is the overview as published and a listing of key findings.
RDU Airport is essential to the success and prosperity of the region, and our region’s growth inevitably increases the demands for increased commercial air service.
Fortunately, RDU has developed an excellent “Vision 2040” master plan – a scalable game plan for capital investments at the airport that can serve us well as our region grows.
Biz group: RDU Airport faces capital deficit of $2B, calls for new taxes, raising of fees
However, the growth in passengers – even in a post-pandemic travel environment – will not create sufficient funding for RDU to cover the capital infrastructure needs at the airport over the next 20 years.