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LAX officials report passenger and cargo declines; committee approves $31 million increase to central terminal-area improvement contract
Summary
Los Angeles airport officials told the Commerce, Tourism and Travel Committee that passenger and cargo volumes are below pre-pandemic levels and that federal trade uncertainty and rising local labor costs are already pressuring airlines, concessionaires and airport-area businesses.
Los Angeles airport officials told the Commerce, Tourism and Travel Committee that passenger and cargo volumes are below competitive peers and pre-pandemic levels, and that federal trade uncertainty and rising local labor costs are already pressuring airlines, concessionaires and airport-area businesses. The committee approved a contract amendment to fund improvements to the central terminal arrival area.
The airport representative said passenger travel at Terminal 1 is down about 30 percent and that early-year cargo volumes were down roughly 7 percent; the airport overall…
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