How were the twin terminals funded?
Of the $270 million total project cost, $148 million was funded by the passenger facilities charge collected from users of airports in the Los Angeles World Airports (LAWA) system, while $95 million was raised through airport revenue bonds issued by LAWA. The remaining $27 million was funded through the U.S. Federal Aviation Administration (FAA). An additional $160 million in local infrastructure improvements – including construction of new airport access roads and expansion of Interstate 10 – was jointly funded by LAWA, the City of Ontario and the California Department of Transportation (Caltrans).
