The Bermuda Airport Authority (BAA) recently confirmed that the L.F. Wade International Airport operator Skyport has submitted its latest minimum revenue guarantee certificate.
An additional $15 million is now required to be paid by the BAA to Skyport. This funding will take the form of a further grant from the Government of Bermuda to the BAA. This is the second such payment, the first having been $5.7 million paid last month.