March 2026 Siteselector’s Newsletter


March 3rd, 2026

Charlotte County, Florida Economic Development

Site Selector News Brief

March 2026 | Aviation Infrastructure Update

Bailey Terminal expansion and parking map

2025 Passengers
2,282,002
YoY Growth
+18.5%
Annual Operations
143,678
Based Aircraft
414

Transportation and Market Access

Punta Gorda Airport Surpasses 2.28 Million Passengers

Punta Gorda Airport recorded 2,282,002 passengers in 2025, an 18.5% increase over the prior year. This milestone reflects sustained demand growth and confirms PGD’s role as a scaled regional access platform supporting executive travel, workforce mobility, and distributed operations.

PGD commercial air service totals chart

Commercial air service totals, Punta Gorda Airport.

View Airport Business Documents

Governance and Financial Strength

Independent Authority Model Supports Long-Term Infrastructure Delivery

The Charlotte County Airport Authority operates as an independent special district and enterprise fund, supported by airport-generated revenue rather than ad valorem taxes. This structure supports predictable planning and reduces infrastructure delivery risk for employers evaluating access, reliability, and long-horizon capacity.

FY2025 Operating Revenue
$25.0M
FY2025 Operating Margin
20.9%
FY2025 FAA + FDOT Grants
$24.2M

Capacity and Capital Improvements

Terminal Expansion and Airfield Projects Underway

PGD is advancing terminal and airfield investments aligned with sustained demand trends. Construction continues on a 50,000-square-foot Bailey Terminal expansion, with major improvements scheduled to open in 2027.

Capital activity includes completed improvements and active projects supporting operational capacity, airside efficiency, and future development readiness.

Project Focus Areas
  • Bailey Terminal expansion and passenger flow upgrades
  • Airfield and taxiway improvements supporting safety and throughput
  • Apron and FBO hangar development supporting transient and business aviation
  • Perimeter road and access improvements supporting site readiness
  • Aviation training facility development to support workforce pipelines

Aviation connectivity graphic
Airline Network Stability

Connectivity Signals Durable Market Access

Allegiant and Sun Country continue to serve PGD’s commercial market. The announced merger, expected to close in the second half of 2026, combines Allegiant’s domestic smaller-market network with Sun Country’s scheduled international leisure flying and existing Amazon cargo operations.

For site selectors, airline stability and network scale support regional reach, executive mobility, and long-horizon confidence in aviation-linked access.

What This Means for Business Operations

Executive Mobility and Expansion Readiness

Aviation performance is a practical signal for employers evaluating speed to market, client access, and operational flexibility. PGD’s scale and capital activity support business travel efficiency and improve regional accessibility for distributed teams.

Mobility
Reliable access for executive travel, site visits, suppliers, and client operations.
Workforce Reach
Broader recruiting radius supported by sustained demand and airline activity.
Site Readiness
Capital improvements and access projects signal long-horizon capacity planning.

Site Selector Takeaway

Sustained passenger growth, independent governance, and funded capital improvements position Punta Gorda Airport as a validated regional access platform supporting business mobility and aviation-adjacent expansion in Southwest Florida.

Charlotte County Economic Development | cleared4takeoff.com | 941-764-4942