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Austin airport CFO: November passenger traffic down, revenues modestly ahead of last year
Summary
Chief Financial Officer Rajeev Thomas told the Airport Advisory Commission on Jan. 8 that November 2024 passenger traffic and landed weights declined versus the prior year, but operating revenues were about $2 million higher than last November and the year‑to‑date bottom line was roughly $1.2 million better than the prior year.
Rajeev Thomas, chief financial officer for the Department of Aviation, reported that total passenger traffic for November 2024 was about 7.4% lower than November 2023 and average daily departures fell from 271 to 240, an approximately 11% decline. He also said landed weights were down about 8.7% and cargo declined roughly 5% for the month.
Thomas told commissioners that operating revenues for November came in…
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