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 Round Trip    One Way

Book Hotels Rental Cars
Flight# Airline Origin Time Status
2411 United Express RIC
7:10am Cancelled
4704 Delta Connection DTW
9:42am On Time
6171 United Express ORD
Chicago OHare
9:57am Cancelled
4724 Delta Connection ATL
10:57am On Time
6030 United Express ORD
Chicago OHare
12:42pm On Time
5360 Delta Connection DTW
1:10pm On Time
4975 Delta Connection DTW
4:25pm On Time
6334 United Express ORD
Chicago OHare
4:56pm On Time
Flight# Airline Destination Time Status
4997 United Express ORD
Chicago OHare
5:30am On Time
4947 Delta Connection ATL
6:00am On Time
4292 United Express EWR
6:25am On Time
4449 Delta Connection DTW
6:45am On Time
5219 United Express ORD
Chicago OHare
7:03am On Time
4609 Delta Connection MSP
7:30am On Time
4558 Delta Connection ATL
8:00am On Time
4756 Delta Connection DTW
8:10am On Time



Wednesday, February 1, 2012


SOUTH BEND, Ind — The St. Joseph County Airport Authority will save approximately $1 million over time due to the refinancing of more than $10 million in bonds. Originally issued in 2002 to finance a runway extension and road relocation at South Bend Airport, the bonds previously had an interest rate just over 5 percent. The interest rate to refinance the outstanding $10,750,000 this week is less than 2.9 percent.

The refinancing was accomplished with the help of the Airport Authority’s financial advisor, H. J. Umbaugh & Associates. “The lower interest rate is a reflection of the bond market’s view of the St. Joseph County Airport Authority’s financial and management strength,” said John Julien, a partner with Umbaugh. Revenues from air passenger traffic are used to make the bond payments; local property taxes serve as a back-up if bond obligations are unable to be covered by airport revenues alone. “Air traffic has decreased in recent years due to the economic slow down,” said John Schalliol, Airport Authority Executive Director. “The savings from the refinancing will allow the total bond payment to comfortably fit with the revenues generated by the current level of air passenger traffic.” “By keeping the annual bond payments within the means of revenues generated through passenger traffic, the Airport Authority avoids placing an obligation on local property owners,” said Julien.

“We are proud of the improvements that have been made to the South Bend Airport including our recent terminal expansion project,” said Schalliol. “The Airport has a $433 million annual economic impact on the community, so it is vital that our facilities support the needs of the business community as well as leisure travelers.”


John Schalliol

Executive Director
Phone: 574-233-2185 x 224


About the South Bend Airport

South Bend Airport’s three air carriers provide nonstop flights to nine cities: Atlanta, Chicago, Detroit, Fort Myers/Punta Gorda, Las Vegas, Minneapolis, Orlando/Sanford, Phoenix/Mesa, and Tampa Bay/St. Petersburg with connections world-wide. South Bend Airport’s multi-modal terminal serves over one million air, rail and bus passengers each year. According to the 2012 Economic Impact Report from the Aviation Authority of Indiana, the South Bend Airport's total annual economic impact on South Bend and surrounding communities was in excess of $1.7 billion.

For additional information, please refer to www.flySBN.com or get social with SBN on Facebook (www.facebook.com/FlySBN) and Twitter (@SBNairport) and stay informed about the airport and the carriers that serve the Michiana region.