FINANCIAL_SERVICESONGOING

Delta Air Lines Continues Outstanding $66M IDC Bond Issue

The Industrial Development Corporation of the Port of Seattle continues as issuer for $66,025,000 principal amount of tax-exempt bonds on behalf of Delta Air Lines, Inc., maturing in 2030 for aviation facilities at SeaTac Airport. The project was originally financed for Northwest Airlines and refinanced under Delta after a merger. The IDC receives no further administrative fee payments for this bond.

Status
ONGOING
Document date
April 14, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Delta Air Lines Inc
Agency
Seattle-Tacoma International Airport (Port of Seattle) · WA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$66,025,000 (outstanding bond principal as of 12/31/2025)
Contract type
FINANCIAL_SERVICES
Contract term
Bond matures in 2030 (original issuance 2001, refunded 2012)
Renewal date
2030-12-31
Renewal
Bonds originally issued 2001 for Northwest Airlines, refunded and amended in 2012 for Delta Air Lines post-merger. Current maturity remains 2030. No new fees or amendments since 2012.
Document type
AgendaPacket
Source document
The Industrial Development Corporation of the Port of Seattle Agenda Packet 2026-04-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Seattle-Tacoma International Airport (Port of Seattle)?

Delta Air Lines Inc was awarded this financial services contract by Seattle-Tacoma International Airport (Port of Seattle), as recorded on April 14, 2026. The contract value is $66,025,000 (outstanding bond principal as of 12/31/2025).

How much is the Delta Air Lines Inc contract with Seattle-Tacoma International Airport (Port of Seattle) worth?

The Delta Air Lines Inc contract with Seattle-Tacoma International Airport (Port of Seattle) is valued at $66,025,000 (outstanding bond principal as of 12/31/2025), covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agendapacket record.

Where was this contract approved?

This contract appears in The Industrial Development Corporation of the Port of Seattle Agenda Packet 2026-04-14 (AgendaPacket), dated April 14, 2026 from Seattle-Tacoma International Airport (Port of Seattle). Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Delta Air Lines Inc hold?

Delta Air Lines Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is Seattle-Tacoma International Airport (Port of Seattle) currently buying?

Explore Seattle-Tacoma International Airport (Port of Seattle)'s vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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