Mike Posted July 30, 2007 Report Share Posted July 30, 2007 July 30 (Bloomberg) -- Denver International Airport plans to spend $1.2 billion over the next seven years on an automated baggage system, 10 jet gates and other improvements that will be financed with bonds, the Denver Post said, citing a prospectus.Other improvements in the airport's largest construction program since its 1995 opening include a new terminal for as many as 23 commuter planes, a rail station and a covered parking garage, the newspaper reported. The airport plans to sell $600 million in bonds next month to pay for as much as $450 million in construction through 2008 and to refinance $150 million in existing debt, the Post said. It expects to issue as much as $722 million in additional bonds for projects after 2008. The airport scrapped its original automated baggage system and returned to traditional tug-and-cart hauling after problems with the new system contributed to a 16-month delay in opening the airport, the newspaper said. Link to comment Share on other sites More sharing options...
hl7534 Posted August 1, 2007 Report Share Posted August 1, 2007 Good thing that DEN has a LOT of room to expand, being in the middle of nowhere. I wonder if there's any news on any non-stop service to Asia, though. I am guessing that DEN-NRT non-stop may be feasible, since both are large UA hubs. Link to comment Share on other sites More sharing options...
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