By Associated Press - Saturday, April 22, 2017

MEMPHIS, Tenn. (AP) - Travelers flying out of Memphis International Airport may contribute $4.50 apiece to help pay for concourse updates.

The Commercial Appeal (https://memne.ws/2p6TADq ) reports a passenger facility charge is among funding sources proposed for a $214 million revamp of the B Concourse.

A passenger facility charge, or PFC, has not been collected in Memphis since construction of a new runway in the 1990s.

The Airport Authority has applied to the Federal Aviation Administration to institute a PFC for the concourse project, which was unveiled Thursday. The PFC would generate an estimated $24 million and allow the airport to borrow less money for the project.

The airport proposes to expand and update the B Concourse rotunda and 23 gates, putting a new face on a cramped, aging facility that dates to the 1960s.



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Information from: The Commercial Appeal, https://www.commercialappeal.com

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