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CPA gives tenants $1.22M discount

The Commonwealth Ports Authority board of directors unanimously approved waiving and giving discounts in the total amount of $1.22 million in leases for six months to its tenants at CNMI airports and seaports that have been severely impacted due to shutdown of operations as a...
Posted On Apr 22 2020 06:02
, By Ferdie De La Torre

CPA tenants ask to defer lease payments

Many of the Commonwealth Ports Authority’s airport tenants have asked CPA to allow them to defer payments on their leases due to the shutdown of the Saipan airport’s operation as a result of COVID-19 pandemic. Those requests, together with the possibility of amending the CPA...
Posted On Apr 17 2020 06:04
, By Ferdie De La Torre

CPA to receive over $22M airport grants from CARES Act

The Commonwealth Ports Authority will be receiving $22.8 million as its share under the CARES Act Airport Grant to support continued airport operations. These funds will be used to ensure that CPA’s airports are reliable and safe, support the economy, keep airport workers...
Posted On Apr 17 2020 06:03
, By Press Release

CPA to press ahead with new terminal at Rota airport

The Commonwealth Ports Authority board of directors has exempted from austerity measures the Request for Proposals in the Rota Master Concession project that aims to build new international terminal facility on the island. CPA board Airport Facilities Committee chair Barrie C....
Posted On Mar 24 2020 06:05
, By Ferdie De La Torre
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