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Metropolitan Airports Commission reports growth, $0.57B projected revenue and Sun Country–Allegiant merger to affect MSP hub
Summary
Brian Ricks, CEO of the Metropolitan Airports Commission, told the Metropolitan Council the airport system expects roughly $565 million in revenue, has large ongoing capital projects (including Terminal 2 expansion), and said the announced Sun Country–Allegiant merger is expected to provide growth opportunities for MSP though Allegiant's headquarters will move to Las Vegas.
Brian Ricks, CEO of the Metropolitan Airports Commission, gave the Council a wide-ranging update on Jan. 28, describing the commission’s capital program, air-service developments and investments to improve passenger experience.
Ricks said the airport system projects approximately $565 million in revenue and about $311 million in expenditures for the year, leaving the commission to fund further capital work largely through bonding…
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