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Airport revenues climb on parking, rental cars and concessions despite airline settlement; expenses up with early capital transfers
Summary
Airport leadership reported non‑airline revenues up about $1.2 million year‑over‑year through June, driven by parking and rental‑car settle‑ups; airline revenues were down slightly after an annual airline settlement, and the department said capital project timing and staffing added to year‑to‑date expenses.
Gil Turner, the city’s director of Aviation, and his team told the Finance Committee that airport non‑airline revenue is “steadily going up” and is about $1.2 million (12.9 percent) higher year‑over‑year through June, driven by parking rate increases and higher concession sales. Turner introduced the briefing as “a briefing on the Second Floor” and said enplanements are increasing though “not as much as we’d like to see.”
Anna, the aviation finance manager, said airline revenue was down about $108,000 (2.4 percent) year‑over‑year, largely because of the department’s annual settlement with carriers that returns some operating…
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