Red River Aviation Secures Lot 54 Lease Agreement
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Description
Red River Aviation, LLC was approved for a new non-commercial ground lease for Lot 54 at Shreveport Downtown Airport, effective May 1, 2026, at $1,093.23 per year with up to two 10-year extensions.
Contract Details
Contract Amount
$1,093.23 per year
Vendor
RED RIVER AVIATION LLC
Agency
Shreveport Airport Authority, LA
Contract Type
FACILITIES
Document Date
June 18, 2026
Contract Term
May 1, 2026 – April 30, 2036; two 10-year extensions possible
Renewal Date
2036-04-30
Renewal Info
Primary 10-year term, plus two 10-year renewal options for a total of 30 years.
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