Construction Update October 23, 2008

The Panama City-Bay County International Airport construction remains ahead of schedule.

In a statement issued by the Panama City Bay County International Airport on October 23, 2008, Walbridge, the company slated to build the terminal building and all support buildings, received the notice to proceed on October 15 and has set up their construction office on site. Work will begin within 30 days.

In an earilier statement issued by the Panama City Bay County International Airport on October 13, 2008, Construction of the new airport remains ahead of schedule - with only 36% of the time allotted on the heavy civil construction portion of the contract used, the project is currently 46% complete.  Preparation of the terminal building pad is complete and it is ready for construction to begin. The project is moving forward on all fronts.