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Louisville Regional Airport Authority Board Approves Five-Year Capital Plan for Airports
February 18, 2004
Airport Authority Board Approves Five-Year Capital
Plan for Airports
Louisville Business First, KY
Members of the Louisville Regional Airport Authority's
board of directors unanimously approved a five-year
plan for capital improvements at both Louisville
International Airport and Bowman Field Wednesday
night.
The plan's major projects include $68 million for the
acquisition of property in neighborhoods affected by
airport noise; $33 million for the construction of the
new Wyndham Hotel, whose construction will begin in
the third quarter of this year; and $20 million for
2,000-foot extension of the west runway, which will be
used by carriers of trans-Pacific flights.
Runway expansion project receives $1.4 million from
state
Kentucky Gov. Ernie Fletcher has budgeted $1.4 million
to help fund the runway expansion, said Skip Miller,
the airport authority's executive director. The
funding will be given to the authority over the course
of this and the next fiscal years.
Of the remaining $18.6 million, 25 percent will be
covered by the airport authority and the remaining 75
percent will be covered by a federal grant.
The runway's expansion is expected to be completed by
2007, Miller added. The project is currently being bid
out, and the expansion will bring the runway's length
to 12,000 feet.
Miller said the runway extension will make non-stop,
trans-Pacific flights to Asia possible without
stopping to refuel. He added that the run way will be
used primarily by United Parcel Service Inc., which
bases its UPS Airlines division in Louisville.
However, the airport authority will make the runway
available to all airlines, he added.
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