Portland could be heading to the market next year with a new-money transaction to help finance a $60 million expansion project at the Portland International Jetport.

Business at the airport has increased since Jet Blue and AirTran, two discount airlines, set up shop at Jetport almost two years ago. The airport served 1,736,573 passengers in fiscal 2008, which ended June 30, up from 1,553,693 passengers the year before, a nearly 12% boost in business.

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