A new international airport for the Rocky Point real estate market will be opened on Thursday by President Felipe Calderón.

The terminal at Rocky Point - or Puerto Penasco - on the Gulf of Mexico will open for private and executive flights first and commercial flights to and from Tucson, Phoenix and Hermosillo should start in the New Year.

Officially named the Mar de Cortes International Airport it was constructed by airport operating company Operadora Aeroportuaria Golfo de Cortes, who have invested some $45 million in the project, so far.

Fernando Antillon, airport director, said, "This is a terminal that is going to keep growing."

The airport is about 60 miles (97km) from the U.S. border and 20 miles (32km) south of Puerto Penasco, just 35 minutes by air to Phoenix and one hour to Los Angeles.

The current 1.55 mile (2.5km) runway is capable of handling all types of service and aircraft up to Boeing 757s and similar.

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