The new double deck terminal for Wichita Mid Continent Airport will cost $150,000,000. Bids will be let this fall. No local taxpayer funds will be used for this project. The terminal will be built just west of the present terminal.
International air travel has been serious hurt by the global economic recession. Air travel for 2009 will be down 6 to 8% globally and is not expected to return to normal levels until 2011. China and India are the exceptions to these downturns and travel is expected to be up 4% in 2009 and … (0 comments)
News for the Wichita, KS area is still very good compared to the rest of the country. While the national unemployment rate rose to 5%, the number for December in Wichita, KS was 3.6%.
Interest rates for housing were 5.875% for a 30 year, fixed rate loan and 5.375% for a 15 year term. These rates are great but probably will get better. Expect the FED to drop the discount rate another .5% at their Jan. 30th meeting. There is even a chance they may do this before the meeting.
The new Sedgwick County Arena being built in … (0 comments)
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