KBRA affirms Airport Authority’s “A+” rating
KBRA has affirmed an “A+” rating and stable outlook for the Memphis-Shelby County Airport Authority’s (MSCAA’s) revenue bonds issued for Memphis International Airport (MEM).
Memphis International Airport (MEM) experienced a milestone year in 2023, highlighted by a record number of 4.8 million origin and destination (O&D) passengers traveling through the airport. Memphis-Shelby County Airport Authority (MSCAA) presented an overview of 2023 milestones at its Board of Commissioners meeting on February 15.
As part of a carefully planned process, Memphis-Shelby County Airport Authority (MSCAA) has announced that Terry Blue has transitioned into the role of President. Blue was selected to replace the retiring Scott Brockman as President and CEO by the MSCAA Board of Commissioners at their monthly meeting in April. Blue, who previously served as Executive Vice President of Operations and Chief Operating Officer, joined MSCAA in 2015 and has more than 25 years of aviation experience.
The Memphis-Shelby County Airport Authority (MSCAA) Board of Commissioners has selected Terry Blue as its next President and CEO. Blue, who currently serves as Executive Vice President of Operations and Chief Operating Officer, will succeed Scott Brockman, whose retirement will be effective on December 31, 2023.
Last week, representatives from the Memphis International Airport (MEM) were part of a delegation led by the Greater Memphis Chamber that traveled to Nashville for their annual MEM2NASH trip. The purpose of MEM2NASH is to bring the business priorities of the Memphis region to the Governor, state legislators, and administration officials.
On January 25, MSCAA President and CEO Scott Brockman joined other airport executives with the Tennessee Association of Air Carrier Airports (TAACA) for a meeting with Gov. Bill Lee and Tennessee legislators.
2022 was a pivotal year in the history of Memphis International Airport (MEM). A new $245 million passenger concourse, the launch of Spirit Airlines, the return of near prepandemic-level passenger traffic, and a new $309 million centralized deicing facility highlighted a year of reinvention for MEM.
The Memphis City Council has confirmed the reappointment of Jack Sammons to the Memphis-Shelby County Airport Authority (MSCAA) board of commissioners. Sammons was nominated by City of Memphis Mayor Jim Strickland.
Memphis-Shelby County Airport Authority (MSCAA) has released its Business Diversity Development (BDD) report for the Fiscal Year 2022 (July 1, 2021-June 30, 2022).