Mesa SkyBridge has been selected by Phoenix-Mesa Gateway Airport Authority (PMGAA) for the construction of a gateway aerospace park named SkyBridge Arizona.

The contractor will build the park on a 360 acre site at the Phoenix-Mesa Gateway Airport.

SkyBridge will invest approximately $25m on infrastructure.

The US Federal Aviation Administration has provided $52m of grants for runway upgrades at Dallas Fort Worth (DFW) International Airport.

“Hainan Airlines plans to issue commercial papers in a public offering for an amount of $1.22bn.”

Of the total, $49.5m will be spent to upgrade Runway 17-Center/35-Center and associated taxiway enhancements.

The remaining will be used for modernisation of lighting systems on terminal ramp areas.

Hainan Airlines plans to issue commercial papers in a public offering for an amount of $1.22bn.

Hainan Airlines’ subsidiary Tianjin Airlines also plans to issue medium-term notes in a public offering to raise $304.18m.