The new airport under construction near West Bay is proceeding on schedule and should be completed by the May 2010 target date, airport officials said Friday…

The 8,400-foot runway is now 100-percent complete, and construction teams are awaiting FAA approval before extending it to 10,000 feet. Once approval is gained, the extension should take about two months to complete, officials said.

The 120,000-square-foot airport terminal, more than twice as large as the current structure in Panama City, is now about a third complete, [Airport Executive Director Randy] Curtis said.

The $62.8 million terminal complex always has been seen as the heart of the new $318 million airport taking shape near West Bay. The old terminal was only about 57,000 square feet, Curtis said.

Source: Panama City News Herald