Abraham Lincoln Capital Airport

What Abraham Lincoln Capital Airport does

Abraham Lincoln Capital Airport (SPI) is a federally certified commercial service airport located in Springfield, Illinois, owned and operated by the Springfield Airport Authority — a government municipal authority established in 1948. The airport serves Central Illinois through scheduled commercial service on three airlines (American Airlines to Chicago O'Hare, Allegiant to Punta Gorda, and Breeze Airways to Orlando and Tampa) alongside a diversified aviation tenant ecosystem including StandardAero's 265,000 sq ft business aviation MRO facility, Stellar Aviation's FBO operations, and Illinois Air and Army National Guard units. The Authority's revenue model combines airline landing and gate fees, concession revenue sharing (ION 10-year contract covering cafes, Sky Club lounges, vending, and catering), tenant lease income from aviation and commercial real estate operations, rental car concessions, and net-metered solar revenue from its 2.88 MW solar array — Illinois's largest airport-owned installation, which offsets over 90% of facility electrical costs and supplies 100% of StandardAero's power through lease modification. The 2,400+ acre complex also encompasses the 150-acre Airport Commerce Park for office, warehousing, distribution, and light-industrial development, and is anchored by the IDOT Division of Aeronautics office and Lincoln Land Community College's LRS Aviation Maintenance Training Center, creating a regional aviation workforce pipeline. The Authority has received the GFOA Certificate of Achievement for Excellence in Financial Reporting for 22 consecutive years and reported an $89.2M net position with a $3.35M net gain for fiscal year ending June 30, 2025. Distribution flows through direct passenger terminals and FAA-regulated airline service, supported by community-engagement marketing channels including the "We Fly SPI First" pledge campaign and a multi-modal digital presence on flyspi.com.

Name

Abraham Lincoln Capital Airport

Legal name

Springfield Airport Authority

Website

https://flyspi.com

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

51–100 employees

Short description

Abraham Lincoln Capital Airport is a federally certified commercial airport in Springfield, Illinois, operated by the Springfield Airport Authority. It serves Central Illinois via three airline partners, an MRO tenant ecosystem, military operations, and a 2.88 MW solar-powered infrastructure.

Ownership category

akta.pro rank

Product category

Airport Operations

NAICS

Airport Operations (48811), Other Airport Operations (488119), Support Activities for Air Transportation (4881)

SIC

Airports, Flying Fields & Airport Terminal Services (4581), Air Transportation, Nonscheduled (4522)

akta.pro primary industry

Aviation Infrastructure Agencies (Public Airports, Airfield Ops, Ground Access) (BPAIALAE)

akta.pro secondary industries

Airport Lounges & Premium Passenger Facilities (THABALAA), Private Aviation Terminals & FBO Services (THABAFAH)

Keywords

• Commercial aviation services
• Passenger airport operations
• Fixed base operations
• Aircraft MRO facilities
• General aviation fueling

Headquarters

HQ city

Springfield

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Airline Fees and Charges: Revenue from commercial airline operations including landing fees, gate fees, and facility charges from American Airlines, Allegiant, and Breeze Airways.
2. Concession Revenue: Revenue sharing from ION concession operations including pre- and post-security cafes, Sky Club lounges, vending machine operations, and catering services. Long-term lease arrangement spanning up to ten years.
3. Rental Car Revenue: Revenue from rental car agencies located at the east end of the terminal including Alamo, Avis, Enterprise, and National.
4. Parking Revenue: Free parking is provided to passengers; parking serves as an amenity to attract travelers rather than direct revenue source.
5. Tenant Lease Revenue: Revenue from aviation tenants including StandardAero, Stellar Aviation, Illinois Air National Guard, and other tenants at the airport complex.
6. Solar Energy Net Metering: Revenue and cost savings from solar array generating nearly $350,000 annually with anticipated savings of $14.1M over 30 years. Provides energy to StandardAero through lease modification.
7. Ground Transportation and Miscellaneous: Revenue from taxi services, hotel shuttles, and other ground transportation operations at the terminal.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

Abraham Lincoln Capital Airport is a regional commercial service airport providing scheduled passenger flights on American Airlines, Allegiant, and Breeze Airways, plus general aviation support including fixed base operator (FBO) services, on-airport aircraft maintenance/repair/overhaul (MRO) via tenant StandardAero, and military aviation infrastructure for the Illinois Air National Guard's 183rd Fighter Wing. The airport also generates renewable energy through a 2.88 MW solar array and leases commercial land in its 150-acre Airport Commerce Park.

Product overview

Abraham Lincoln Capital Airport operates as a regional commercial airport serving Central Illinois, offering a portfolio of aviation and passenger services. The core product is commercial passenger air service with three airline partners (American Airlines, Allegiant, and Breeze Airways) providing daily flights to major hubs and leisure destinations. Supporting this are passenger services including the Sky Club membership lounge, Passenger Service Center, and TSA PreCheck enrollment. The airport also provides fixed-base operations through Stellar Aviation and MRO services via StandardAero. Infrastructure includes a 2.88 MW solar farm generating renewable energy, the Airport Commerce Park for commercial development, and ION concession services. A True Cost Calculator tool helps travelers compare total trip costs across multiple regional airports.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Passenger Air Service Scheduled commercial airline service featuring daily nonstop flights on American Airlines to Chicago O'Hare International Airport (ORD), Allegiant to Punta Gorda (PGD), and Breeze Airways to Orlando International Airport (MCO). Provided to travelers in Central Illinois through airline partners using airport facilities.
• Sky Club Membership

Quantifiable outcome

• Reduces electricity costs by over 90% through solar net metering
• +5 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• IONcoreStrategic or Co-development Partner · 20 November 2024Long-term concession partnership (up to 10 years) providing pre- and post-security cafes, Sky Club lounges, vending machine operations, full-service catering, and grab-and-go options. Creates vibrant traveler-friendly atmosphere.
• VeregycoreStrategic or Co-development Partner · 31 July 2023Energy and sustainability partner that designed and built the $6 million, 2.88 MW solar array project. Veregy oversaw construction, secured Illinois Block Grant program SRECs, and provides ongoing monitoring and maintenance for the solar arrays.
• Stellar Aviation GroupcoreStrategic or Co-development PartnerAirport's fixed base operations division collaborating with ION on catering services and concession offerings. Located at 900 Capital Airport Drive.
• StandardAerocoreStrategic or Co-development PartnerMajor MRO tenant receiving 100% electrical power from solar arrays. Invested $10-12 million in leasehold improvements. Employs approximately 200 technicians and engineers providing business aviation maintenance services.
• Lincoln Land Community CollegecoreStrategic or Co-development PartnerLRS Aviation Maintenance Training Center located at the airport provides workforce training for aviation maintenance technicians, supporting the talent pipeline for StandardAero and other tenants.
• U.S. Department of Transportation / Federal Aviation AdministrationcoreOthers$942,571 in federal funding for runway rehabilitation through FAA. FAA also conducts annual certification and safety inspections.
• Senator Doris TurnercoreOthersSecured $4.5 million in capital project funding in Illinois' 2026 Budget for aircraft maintenance and flight training facility development.
• Illinois Air National Guard 183rd WingcoreOthersMajor military tenant occupying significant facilities at the airport complex.
• Illinois Army National GuardminorOthersMilitary tenant at the airport facility.

Scale indicators15 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Quad City International Airport (MLI): Regional airport in Moline, Illinois serving the Quad Cities — comparable mid-sized Illinois commercial airport with multiple airline service (American, Allegiant, United). Operates as a similar airport authority structure with similar revenue model (parking, concessions, tenant leases) and competes for Illinois regional passenger share.
• Peoria International Airport (PIA): Regional commercial airport in Peoria, Illinois — another Central Illinois competitor included in SPI's True Cost Calculator. Operates commercial service (American, Allegiant) with overlapping catchment area, similar runway and terminal infrastructure, and competing for the same leisure and business traveler base. Directly competes for passenger market share within ~70 miles of Springfield.
• Evansville Regional Airport (EVV): Regional commercial airport in Evansville, Indiana — comparable mid-sized regional airport with American, Allegiant, and Delta service. Similar passenger volume profile, single-terminal operations, and comparable mix of business and leisure travelers. Serves as a strong operational and financial benchmark for SPI.
• Central Illinois Regional Airport (BMI): Regional commercial airport in Bloomington, Illinois — the closest direct competitor serving Central Illinois passengers. Operates as a competing alternative in SPI's True Cost Calculator and serves overlapping catchment area with Allegiant service. Comparable size, similar airline mix, and shared market dynamics make this the most directly comparable Illinois regional airport.
• Eastern Iowa Airport (CID): Regional airport in Cedar Rapids, Iowa — comparable mid-size commercial airport serving a similar secondary Midwestern market. Operates Allegiant, American, and United service with similar passenger throughput, single-terminal configuration, and comparable revenue mix from concessions, parking, and tenant operations.
• Williamson County Regional Airport (MWA): Regional airport in Marion, southern Illinois serving as another IDOT-designated Primary Airport. Comparable size, similar commercial service profile, and same regulatory framework as SPI. While geographically distant, MWA serves as a comparable Illinois commercial airport for benchmarking operations, financials, and route development strategy.

Regional players

• Springfield-Branson National Airport (SGF): Mid-sized commercial airport in Springfield, Missouri — same city name but different market. Comparable size and route profile to SPI, serving as a useful peer for benchmarking mid-size regional airport operations in secondary Midwestern markets. Operates Allegiant and American service with similar facility mix.

Broad incumbents

• Signature Flight Support: Major FBO chain operating at 200+ locations globally, providing fuel, hangar, and ground handling services to business aviation. Direct peer to Stellar Aviation's FBO operations at SPI. Comparable business model focused on premium FBO services, transient business jet traffic, and corporate flight department relationships.
• Atlantic Aviation: Largest FBO chain in North America operating at 100+ locations including SPI competitor airports. Comparable to Stellar Aviation's FBO operations at SPI — provides fuel, hangar, and ground services to business aviation. Industry incumbent peer for benchmarking SPI's FBO economics, fuel margins, and tenant lease structures.
• St. Louis Lambert International Airport (STL): Largest commercial airport in the St. Louis region and a key competitor listed in SPI's True Cost Calculator. Operates as a much larger airport with Southwest Airlines as anchor carrier, broader route network, and significantly higher passenger volumes. Represents the primary head-to-head competition for Springfield passengers willing to drive 1.5 hours for more flight options.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/flyspi
• Facebookfacebook.com/AbrahamLincolnCapitalAirport
• LinkedInlinkedin.com/company/abraham-lincoln-capital-airport

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Abraham Lincoln Capital Airport