Airport Passenger Travel Stages a Comeback?
1. AIRPORTS COUNCIL INTERNATIONAL -- World passenger traffic posted a positive growth rate in August for the first time since June 2008. Passenger demand finally registered a modest positive growth rate in August 2009 with the world airports reporting a 0.1 percent increase compared to August 2008. International passenger traffic declined slightly by 2 percent while domestic traffic increased dramatically by 3 percent in 2009.2. Traffic is up at Nashville International Airport. The one month reversal follows 18 straight months of declines. Since February of 2008, passenger numbers have fallen every month until now. September figures climbed roughly 3 percent over the same period last year.
3. After 18 consecutive months of declines, Los Angeles International Airport finally reported a slight uptick in passenger traffic in September, according to figures released Wednesday.
More than 4.5 million airline passengers traveled through LAX last month, a 1 percent increase from September 2008, airport officials said.
4. Kansas City International Airport had 792,533 passengers in September, up 1.1 percent from 783,872 in the same month last year, the Kansas City Aviation Department said.
5. After more than a year of declining passenger numbers, the count of travelers using Salt Lake City International Airport turned upward this summer as airlines added or restored service. June, July and August showed a promising reversal of a downward trend that began in April 2007, airport officials said Monday.
6. Denver International Airport said Wednesday it recorded 4,877,212 passengers in August, below July's all-time record of 5,109,342 but up 2.3 percent from last August's tally of 4,768,799. It was the busiest August on record for DIA and the second month of year-over-year traffic increases following recession-driven passenger declines dating back to last December.
6 Comments:
The was a commentator on CNBC who said a few months ago that he was seeing full parking lots at airports he was flying to. Now he said that's gone back to some empty space, so it'll be interesting to see how this rolls out as the more recent months of data come through.
A lesson in why its NEVER a good idea to let libtards (liberal Democrats) make financial decisions...
Lambert airport's little-used, billion-dollar runway
This article is from the St. Louis Post-Dispatch and they can't even be honest in reporting the lack of use of these 'never needed' runways...
From the article: Lambert officials say the runway will be paid off by 2031, primarily through Federal Aviation Administration grants, airline landing fees, and passenger facility charges. Airlines using Lambert pay roughly 23 percent of the runway cost....
Its no wonder the airlines are pulling out of St. Louis, Mo...
Look at that, ask and ye shall receive an extra month of data. Things are about to become clear as mud though. Any sequential increases into November and December shouldn't be shocking to anyone.
Year over year, don't forget it was summer of 2008 when oil spiked and took ticket prices with it. LAX to SFO went from around $150-$200 rt, to $320+. But early this year I got a one way for $69.60 on United, including the $25 or so in taxes. That sure helped the year over year for the summer months.
Also we're getting into the easier comparisons period on the consumer end. Retail was relatively stable until late November last year. Black Friday was actually decent. Then things hit the wall. Oil is double what it was late last year so there's a limit to what airlines can do with prices.
Juandos: I agree with you--the subsidization of airports should halt. That would mean, of course, no more rural airports larger than a mud runway.
Fine by me.
Along with subsidies of rural highways, rural water systems, rural power systems, farm subsidies, rural telephones and the stupid ethanol program.
We could shave $200 billion a year off the back of urbanites, who pay for all that enfeebling, lefty, pinko crap being spent in rural America.
Go USA--no more subsidies.
My wife is all excited about this offer from Southwest where you can fly to New York for $50 one way.
You can thank Southwest for a lot of the new traffic going out of DIA (I just paid for a non-stop to San Diego from DIA: $69 one way!). And you can thank the lowered costs of flying out of DIA that enable SWA to fly out of there.
Maybe the folks who run Lambert Field ought to consider other methods of lowering costs of flying out of there.
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