It is named for United States Navy pilot Charles McGhee Tyson, who was killed in World War I.[5] Owned by the Metropolitan Knoxville Airport Authority, it is served by several major airlines and employs about 2,700 people.In 1968, McGhee Tyson built a new air cargo facility; a new passenger terminal opened in 1974, a few years after runway 18/36 closed.Buildings were designed to meet the carriers' needs; 90% of the air cargo operations are UPS and Federal Express.In 2000, improvements to the passenger terminal were finished at a cost of $70 million, including two new concourses, 12 new gates, ticket counters, and a Ruby Tuesday restaurant.[12][non-primary source needed] In November 2016, the agency that operates McGhee Tyson received a $27.9 million grant from the Federal Aviation Administration to complete the next phase of a multi-year runway expansion, the most expensive project the airport ever has undertaken.It is designed with a Smoky Mountain theme, complete with faux waterfalls and wood carvings of bears.In July 2023, the airport announced the planning of a six-gate expansion to the terminal, with a target completion date of 2028, to meet the growing needs of the region.