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Metropolitan Airports Commission chief reports rising passenger numbers, $9.2 billion capital plan
Summary
Brian Ricks, CEO of the Metropolitan Airports Commission, told the Metropolitan Council on Jan. 22 that Minneapolis–St. Paul International Airport and the system of seven airports are nearing pre‑pandemic passenger levels, are investing heavily in capital projects and are pursuing sustainable aviation fuel and electrification projects.
Brian Ricks, chief executive officer of the Metropolitan Airports Commission, told the Metropolitan Council on Jan. 22 that the airport system is recovering to near‑prepandemic levels and has substantial capital work planned.
Ricks said the MAC system — seven airports including Minneapolis–St. Paul International (MSP) — handled just under 35 million passengers last year, about 92% of its 2019 record. “This year we’re gonna be somewhere between 37 and 38,000,000,” he said, projecting the system would reach about 95% of the 2019 peak.
Ricks summarized MAC’s finance and investment picture and said the commission expects roughly $536,000,000 in revenue and about $302,000,000 in expenses for the year, with annual debt service about $140,000,000. “That leaves about $90,000,000–$95,000,000 in excess revenue and that revenue gets…
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