Airport Updates: Latest News On The Global Market (W/C Nov. 10, 2025)

U.S. airports have $174 billion in infrastructure development needs over the next five years, according to Airports Council International-North America Executive Vice President Matt Cornelius. “If you break that down by year, it’s $35 billion a year,” he said last week during a panel discussion at Routes’ Takeoff North America conference in Tallahassee, Florida. “Federal programs and passenger facility charges only get you about $8 billion a year. So there’s a huge gap.” Cornelius said airports are taking a “kitchen sink approach” to financing projects, seeking “every available option to get things done.” This often involves taking on debt. “It takes 14 years to pay off what's already been built, not to mention that $174 billion [in future needs],” Cornelius said. “As things pop up in terms of new mandates from the [federal or local] government that shift the priorities of projects, it pushes things that are nice to have down the list and forces airports to focus on the must-do's … We already probably have 25 capacity-constrained airports in the U.S., and that's going to grow.”

Salt Lake City International Airport (SLC) opened 10 new gates and more than 8,000 ft.² of new concessions space. The gates will be used by Delta Air Lines and Southwest Airlines. SLC is a Delta hub.

Singapore Airlines opened a new first-class lounge at Singapore Changi Airport (SIN). The lounge spans 11,300 ft.², 11% larger than the carrier’s previous first-class lounge at the airport. It has capacity for 130 first-class passengers. The lounge is located in Terminal 2. The airline said the new first-class lounge is part of a S$45 million ($34 million) project to revamp its lounges at SIN.

Stockholm-based construction firm Skanska broke ground on a new cargo facility at San Francisco International Airport (SFO). The project involves constructing a building consisting of a 95,000-ft.² cargo area and 25,000 ft.² of office space. The building will be able to accommodate around 30 trucks collecting and dropping off cargo. Skanska will also build a 17,000-ft.² ground services equipment maintenance facility to support cargo operations. The project is expected to be completed by 2028. “Unique construction methods are being employed to overcome challenges, including strict height restrictions near runways,” Skanska said.

Stuttgart Airport (STR) in Germany started reconstructing passenger security checkpoint lanes in Terminal 3. “The aim is to expand the screening lanes and prepare them for the use of state-of-the-art CT [computed tomography] screening equipment,” STR said. The project will cost €5 million ($6 million). During the reconstruction, all passenger screening will be conducted in Terminals 1 and 2. The revamped Terminal 3 security checkpoints are scheduled to reopen in March 2026.