In 1997, Williams-Lynxs management recognized the need for leaseable warehouse and enclosed air cargo transfer space at the Ted Stevens Anchorage International Airport. This facility strengthens Southcentral Alaska’s economy by providing as many as 200 permanent high paying jobs.
The William-Lynxs Alaska CargoPort was financed through tax-exempt conduit revenue bonds sold by AIDEA, an AIDEA financing approach that is gaining in popularity. The bonds are supported by the project’s revenues and a debt service reserve fund. Williams-Lynxs has strengthened Alaska’s role as an international air crossroads by improving basic services for air carriers serving Alaska and beyond. Williams-Lynxs has also become one of Alaska’s leading exporters due to the sale of jet fuel to foreign carriers transiting Anchorage through this facility.