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.
