The City of Philadelphia’s Department of Aviation completed the sale of its Series 2025A and 2025B Airport Revenue and Refunding Bonds totaling approximately $365 million. The sale was completed on August 14, 2025.

On June 12, the Department of Aviation completed the city’s first Engineered Material Arresting System (EMAS) on Runway 8-26 at Philadelphia International Airport (PHL). EMAS is a safety feature installed at the end of runways to stop overrunning aircraft. The project falls under the Airports Capital Development Program and aims to bring the Runway Safety Area (RSA) to compliance with Federal Aviation Administration (FAA) standards.