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:

Thursday, October 1, 2015

Airport Parking Expansion in Today's News Roundup - Oct 1 2015

Every Tuesday and Thursday InstaParking gives you a roundup of news that matters for Airport Parking operators and patrons.
airport parking expansion
Renderings are released as Salt Lake City International Airport terminal design details are unveiled in Salt Lake City, Tuesday, Sept. 29, 2015. (SLCIA and HOK)

Airport Parking Expansion

It is amazing how the air travel industry has bounced back... or has it? The lead story in today's Airport Parking News Roundup, covers the announced plans for the Salt Lake International. Having travelled both to and connected through Salt Lake, I can say that updates are needed. The other two stories today also cover expansion, just not at the scale of Salt Lake.
All three stories would make you believe that there is growth in the air travel industry. A quick glance at the stock chart for American Airlines (NASDAQ: AAL) at first says otherwise. The initial 6 month view of American Airlines, show a stock that is down 25% from an April high. Expand the chart out to 2 years or more and you see a much different picture. American Airlines has had a nice climb that peaked in April and has fallen back a little, but is still up almost 100% since October, 2013. United Continental Holdings (NYSE: UAL), JetBlu Airways (NASDAQ: JBLU), and Southwest Airline (NYSE: LUV) look much the same.
Here is today news roundup including Airport Parking Expansion

Plans for Salt Lake International Call for 'Convenient, Inspiring and Sustainable' Airport

SALT LAKE CITY — One giant terminal with spacious gate areas and moving walkways.
A new parking garage, doubling the number of stalls. And an elevated TRAX line leading directly to the second level between the terminal and the parking garage. Those are just a few highlights of Salt Lake City International Airport's $1.8 billion terminal redevelopment project. Read More>>

Cleveland Hopkins' construction update, where to park, plus new places to shop

CLEVELAND, Ohio -- It's a bit of an obstacle course these days at Cleveland Hopkins, which is about halfway through a 12-month, $20-million renovation of the terminal fa├žade, ticketing lobby and lower-level baggage area.
Construction began in May and is scheduled to finish in May 2016, in advance of July's Republican National Convention in Cleveland. Airport officials recommend that travelers allot extra time – 90 minutes to two hours – to maneuver through and around the work zones. Read More>>

Albany Park Ride and Fly Expanding Near Airport

Albany Park Ride and Fly has purchased land and buildings at 271 Wolf Road, across from its existing facility, from Hoffman Brothers Realty and will expand into the 5.3-acre site, adding 600 outdoor spaces to bring total available spaces at the off-airport parking site to 1,400. Terms of the sale weren’t disclosed.
Phil Wertheim, president and partner of Albany Park Ride and Fly, said the new spaces will be available in time for the Columbus Day holiday weekend. Existing buildings on the site will be converted to indoor parking with an estimated 100 spaces available. Read More>>

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