Fidelity
Karen Pierog
26 Feb 2026

Long-term financing for an expansion program at Austin-Bergstrom International Airport will commence after the city council on Thursday approved the sale of up to $1.4 billion of revenue bonds.

Proceeds will finance portions of an estimated $5 billion airport expansion and development program and refinance all or a portion of outstanding airport system revolving revenue notes.

Projects supported by the agreements include a 26-gate Concourse B, along with security checkpoint, baggage, utility, airfield and other improvements.

Austin OKs $1.4 billion of bonds for airport expansion | Fidelity Investments | 26 Feb 2026

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