The airport covers 911 acres (3.69 km2) and has two runways. On August 4, 2010, a new 4,000 foot runway, 9/27, opened replacing the previous 3,500 foot runway, 8/26. The previous runway, which is in a similar location as the new runway except that it overlapped runway 22, was removed after a 2006 crash of a Delta Connection flight, during which all aboard except the co-pilot were killed after an attempted take-off from the wrong, shorter runway. Blue Grass Airport is home to the Aviation Museum of Kentucky, which features more than 25,000 square feet of exhibit space displaying restored aircraft and memorabilia. The current main terminal building opened in 1977. On April 18, 2007, Blue Grass Airport opened an extension of Concourse B, adding six boarding gates with four new jet bridges.
Blue Grass Airport is a catalyst for economic growth in the region, contributing to both the Lexington area and other parts of Kentucky. The airport is an important component of Lexington's economy, providing 3,478 jobs for Lexington and an annual economic impact of $370 million. In addition to commercial passenger service, the airport also offers corporate and general aviation services, including a newly constructed general aviation terminal, U.S. Customs, charter flights, aircraft maintenance, hangars and flight instruction.
December 5, 1987: After suffering an in-flight engine fire en route from Dallas, Texas to New York, the flight crew of a Hawker Siddeley HS.125business jet, registration number N400PH, touched down short of the runway while attempting an emergency landing at Blue Grass Airport. The jet crossed a highway and struck an automobile, utility poles, and 2 fences, killing the pilot and co-pilot, and injuring both passengers in the aircraft and 2 people in the automobile. The accident was attributed to the crew's inadvertent retraction of the aircraft's flaps, causing the jet to suddenly lose altitude.
November 1993: The flight crew of an unidentified commercial jet at Blue Grass Airport was cleared for takeoff on Runway 22 but mistakenly lined up at the shorter Runway 26 instead. Tower personnel noticed the mistake and cancelled the aircraft's takeoff clearance just as the crew realized their error. The aircraft subsequently made a safe departure from Runway 22.
August 30, 2002: A Learjet 35C, registration number N45CP, overran Runway 4 on landing, killing 1 passenger and seriously injuring 4 other occupants of the aircraft. The accident was attributed to the pilot's application of additional forward thrust after failing to properly deploy the jet's thrust reversers.
March 25, 2009: A Cessna 182, registration number N4871N, crashed 3 mi (5 km) west of Blue Grass Airport, killing the pilot and sole occupant. The pilot apparently became disoriented during the landing approach after losing electrical power in densely clouded IFR conditions, but the cause of the crash had not been positively determined as of September 2009.
March 25, 2010: A medical helicopter, Eurocopter EC135, had to make an emergency landing at Blue Grass Airport on Wednesday, March 24, 2010. The chopper, with a patient on board, skidded to a stop along a grassy area next to a runway after one engine lost power. There were no reports of injuries, but emergency vehicles flooded the area moments after the helicopter landed.
March 9, 2011: NASCAR driver Greg Biffle and two others were unhurt after the landing gear of the Falcon 20 they were flying collapsed as the plane landed at Blue Grass Airport in the morning. The incident happened at about 11:00 AM, when a mechanical failure during the landing caused the aircraft to skid to a stop on the runway, which is the main runway at the airport. The plane was en route to Lexington from Statesville, North Carolina.