Fairbanks Airport Land Could Become a Gravel Mine's Next Expansion
Published Date: 10/29/2026
Notice
Summary
The FAA is thinking about letting Fairbanks International Airport sell 40 acres of land that’s no longer needed for airport use. This land will be sold to a gravel mining company at fair market value. If you want to share your thoughts, make sure to comment by November 30, 2026!
Analyzed Economic Effects
2 provisions identified: 2 benefits, 0 costs, 0 mixed.
40 Acres of Airport Land May Be Sold
The FAA is considering releasing 40 acres of federally assisted airport land at Fairbanks International Airport so the airport can sell it for non‑aeronautical use. The anticipated buyer is a privately owned gravel mining company that would expand operations on the parcel that is shown as undeveloped on the Airport Layout Plan.
Sale Required at Fair Market Value
The parcel was acquired with Airport Improvement Program federal grants and will be released from federal obligations only if sold for Fair Market Value (FMV) based on an appraisal. The FAA is providing a public comment opportunity under AIR‑21 Section 125, with comments due by November 30, 2026.
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