Airport, Airline, and Parking Industry News

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The purpose of this blog is to compile airport parking news as well as airport news and airline news in one place for our parking customers as well as those in the parking industry. The following articles and press releases on the airport, airline, and parking industry are from various news sources and the links will take you to the source's web site:

Saturday, November 13, 2010

Airport Parking Revenue Increases (at Pittsburgh International Airport); More Users, Higher Rates Credited

November 13, 2010 - Tom Fontaine/Pittsburgh Tribune Review - Pittsburgh International Airport's parking revenue is taking off, thanks to increased passenger traffic, recent rate increases and the expansion of long-term lots near the landside terminal.

Rate increases that took effect in June have played a role in increasing revenues. All-day rates went from $21 to $24 in short-term lots and from $11 to $12 in long-term lots.

But the biggest factor, said authority Executive Director Brad Penrod, is the increasing number of passengers. He said long-term lots have sold out 82 times this year, versus 21 times last year.

Officials reported Friday that Pittsburgh's passenger traffic was up 5.9 percent in September compared to September 2009, the sixth straight year-over-year gain. The only longer period of growth in the 2000s was a 17-month stretch ending the month of the 9/11 attacks. That ushered in a bleak period lasting until April, when year-over-year traffic improved just nine times. Read More.

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