|Day's Range||15.2900 - 15.5500|
|52 Week Range||14.5200 - 19.7600|
|PE Ratio (TTM)||13.90|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
AECOM, the Los Angeles-based engineering giant that helped persuade officials here to solicit competitive proposals for the single-terminal modernization of Kansas City International Airport, has announced the team it has put together to pursue the roughly $1 billion job. The consortium, called KCI Partnership, includes AECOM (ACM), Oaktree Capital Management LP and Turner Construction. Burns & McDonnell, a Kansas City engineering and architecture firm, introduced the idea of private equity and debt, versus city-issued airport revenue bonds, for financing the project as part of a no-bid KCI proposal announced by the firm and city officials in May.
The local chapter of the American Institute of Architects is encouraging the use of a peer review adviser to help the city with the selection, design and development of a new single-terminal modernization plan for Kansas City International Airport. AIA Kansas City, which supports replacing KCI’s (MCI) outmoded three-terminal layout with a new single terminal, also has offered to recommend candidates for the peer review adviser’s role from its 1,100-member roster. According to the organization, a peer review adviser is an architect who can help city officials understand design concepts, propose alternative solutions, communicate with City Council and help advise public information campaigns.
Alaska Airlines has announced new nonstop service between Kansas City International Airport (MCI) and San Francisco International Airport (Code:SFO) — one of the positive spinoffs from the carrier's recent acquisition of Virgin America three months ago. On Thursday, Alaska announced the addition of 13 new nonstop flight destinations from San Francisco International Airport and Mineta San Jose International Airport. With the additional flights, Alaska Airlines and Virgin America will offer 125 daily nonstop flights to 42 destinations from the three major Bay Area airports, which also includes Oakland International Airport (OAK).