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FACILITIESAPPROVED

Shreveport Airport Authority Regular Board Meeting Agenda April 2026

New Ground Lease Proposed for Red River Aviation

$1,093.23 per yearShreveport Airport AuthorityRED RIVER AVIATION LLCApril 16, 2026

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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

Description

The Shreveport Airport Authority considered approval of a new non-commercial ground lease with Red River Aviation, LLC for Lot 54 at Shreveport Downtown Airport, establishing a 10-year primary term from May 1, 2026 at $1,093.23 per year with two optional 10-year extensions. The lease will support a personally used hangar.

Contract Details

Contract Amount

$1,093.23 per year

Vendor

RED RIVER AVIATION LLC

Agency

Shreveport Airport Authority, LA

Contract Type

FACILITIES

Document Date

April 16, 2026

Contract Term

Primary ten (10) year term May 1, 2026 – April 30, 2036 with two additional ten (10) year options

Renewal Date

2036-04-30

Renewal Info

Includes two ten-year extension options beyond the primary term, for a potential total term of 30 years through April 30, 2056.

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