TN: Memphis Airport Board Lowers Landing Fees, Terminal Rents, Approves $41M Project

May 18, 2018

Memphis International Airport’s board on Thursday rolled back user fees for the coming fiscal year and approved a $41 million contract for a new maintenance and operations complex.

Landing fees will go down about 0.5 percent, and terminal rents will fall about 13 percent starting July 1 because of reduced expenses, airport officials said.

Landing fees, paid by airlines based on landed weight, and terminal rents, paid by passenger airlines and concessionaires, are major components of a $117.9 million budget that’s down from $120.4 million this year.

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