Advisory panel on government reorganization formed

February 26, 2020

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The A.B. Won Pat Guam International Airport Authority (GIAA) sold $37 million in refunding bonds in New York on Tuesday.

The bonds sale result in debt service savings of approximately 2.5 percent, the...

The government of Guam has spent a total of $78 million on legal services from 2013 to 2018, according to the Office of Public Accountability’s analysis.

The audit found that 21 GovGuam entities — incl...

June 3, 2019

The Antonio B. Won Pat International Airport Authority, Guam (GIAA) on Monday announced the appointment of Vicente M.C. Naputi as the the new chief of Airport Police.

Naputi was selected from a competi...

The Antonio B. Won Pat International Airport Authority on Thursday filed a motion requesting that Judge Anita Sukola stay and reconsider her

May 14 decision requiring the disclosure of attorney-client...

April 1, 2019

A Guam-based manager of an unnamed air carrier allegedly embezzled around $491,000, which were taken from the passenger facility charges (PFC) collected by air carriers at the time of air travel ticke...

March 29, 2019

The Guam International Airport Authority’s revenue dipped 1.6 percent in 2018 as a result of heightened North Korean missile threat in August 2017 that took its toll on Guam’s brand as a safe destinat...

The Antonio B. Won Pat International Airport Authority is appealing the Guam Superior Court’s decision uphelding a 2016 arbitration award to DFS Guam in a dispute relating to the drawdown of a letter...

Standard & Poor's (S&P) upgraded the credit rating on the Antonio B. Won Pat International Airport Authority, Guam's senior-lien general revenue bonds from BBB to a BBB+ with a stable outlook released...

September 18, 2018

The Guam International Airport Authority expressed concern over the criminal indictment of a former Lotte Duty Free executive who is accused of corporate espionage.

Seung-Gyu Lee has been indicted on a...

The ongoing litigation involving the Guam International Airport Authority’s concession contract with Lotte Duty Free Guam reflects a “credit negative” for the airport, according to Moody's Investors S...

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