San Antonio Report
Shari Biediger
27 July 2026
Like the steel support system now mostly installed for the $1.4 billion new terminal at the San Antonio International Airport (SAT), another funding pillar for the project has also been put into place.
On Tuesday, the 2026 Airport Revenue and Refunding Bonds, the city’s biggest-ever airport bond issue, were released to the municipal bond market to support the terminal development program and related capital projects.
The funding will support construction of a new 18-gate terminal expected to be complete in 2028. The terminal is the largest piece of the strategic development that projects annual passengers to increase from approximately 10 million in 2019 to 14.5 million by 2040.
The revenue bond is part of a financing package for the $2.5 billion in airport projects that includes $188 million in grants from the Federal Aviation Administration, infrastructure bill funding and airport revenue and fees...
The airport's terminal development project is on track - San Antonio Report - 27 July 2026






