Guam’s airport is a critical economic driver, but one senator says outdated lease policies are holding it back. The legislative transportation oversight chairman spoke frankly to the Guam International Airport Authority, urging them to modernize.

For years aviation companies have shown interest in investing in Guam.  Deputy executive manager of the A.B. Won Pat International Airport Dr. Ricky Hernandez points to a past opportunity with Air Vietnam. “They did write to us several years ago during the pandemic, saying they want to put in $280 million...it’s exciting, but we also need to look through that with due diligence.”

“Unfortunately, that fell through.”

Senator Lujan says this is exactly why Bill 67 is needed: to give airport authority more flexibility in lease agreements and prevent missed opportunities. He argues that the airport’s current lease structure can’t support businesses looking to invest in Guam.  “Our airport leases cannot substantiate the growth of companies that may want to expand," the senator commented.

“We have been selling Guam as ‘America in Asia,’ and it’s a great seller. It’s a fantastic seller. But when they come to Guam as America in Asia, we don’t have quite the Asian business models.”

While visiting Cebu International Airport, Lujan asked how long their leases last. The answer? 50 years minimum.

And despite criticism of ‘sweetheart deals,’ Lujan says that’s exactly what he wants for Guam, saying, “Yes, I want a sweetheart deal for our island. We have an opportunity, colleagues, right in our hands, for economic prosperity outside of tourism that would also enhance tourism.”

His message to the airport? The time to act is now and scrutiny should be expected. “This gives us an opportunity to catch up and be competitive," he said.  “We are going to scrutinize you. And one of the things that I told the airport—I said, ‘I’m going to do this for the airport because I want all eyes on you.’ Did I not tell you guys that?”

“I want the airport to show that they are the success and they will be the models of success."

If passed, Bill 67 could allow the airport to attract new partners, create jobs, and expand its role as a key economic player.