SB Airport: Losses to hit almost $1 million next year
San Bernardino International Airport will spend more than it makes in its next fiscal year and that's even if it lands an airline that starts flying by November or December, bringing in passengers that buy food from concessions, pay to park or rent cars.
On Wednesday, commissioners approved the airport's next budget that forecasts it earning $6.1 million but spending $12.4 million starting July 1. Of those revenues, 39 percent is expected to come from airline service in the form of landing fees or passengers paying to park or eat. A $5.5 million grant from the Inland Valley Development Agency, a related group that has been overseeing the development of the former Norton Air Force Base, will shrink the airport's overall losses next year to $982,400.
For years, airport officials have attempted to persuade airlines to be the first to offer scheduled passenger service. The main terminal building is all but officially finished, the runway has been repaved and empty parking lots at the airport have landscaping and in some cases solar panels. The electric signs posted nearby indicate all the lots are "full."
Airport officials have long said that the airport would operate at a deficit and remain subsidized by the IVDA through at least 2015.
"We are birthing the baby," said Don Rogers, director of the IVDA and San Bernardino International Airport Authority.
The IVDA has paid $101.5 million, so far, to finish building the airport terminal including improvements to the tarmac, parking and equipment inside. The Million Air terminal, which opened in August 2010, cost $20 million, while the U.S. Customs building under construction has cost about $21 million so far. Those figures don't account for the additional amount of grant funding the IVDA and airport has received from the FAA and Department of Commerce's Economic Development Agency.
The IVDA collects its revenue from tax increment from three surrounding cities and San Bernardino County. The agency expects to earn $28.3 million next year and spend $27.3 million, not counting $94.2 million to be spent on capital projects and funding to support the airport.
Airline or not, the airport is managed by San Bernardino Airport Management LLC, also known as SBAM, which is poised to get $250,000 next year on top of $2.6 million to reimburse SBAM for employee costs and $257,500 to pay for an airport manager and overhead.
SBAM is guaranteed a percentage of revenue earned at the airport, but in the absence of revenue, it gets paid at least $250,000, officials said Wednesday.
Will Rogers International Airport - News
Departing passengers increased more than 2 percent in May, compared to last year, at Will Rogers World Airport in Oklahoma City as the summer travel season got under way. BY JENNIFER PALMER jpalmer@opubco.com Leave a comment Summer travel got under way
San Bernardino International Airport will spend more than it makes in its next fiscal year and that's even if it lands an airline that starts flying by November or December, bringing in passengers that buy food from concessions,
Atlantic already has FBOs at Wiley Post Airport and Tulsa International Airport. It typically acquires FBOs, but the Will Rogers opportunity allowed the company to build a facility to its You clicked on a link to information that is for subscribers
Eight Nevada Guard airmen from a 60-member agribusiness development team arrived at Reno-Tahoe International Airport to reunite with their families and friends. Among them was Air National Guard Staff Sgt. Eric Ritter. He said help from the United
Dobis said he envisioned the RDA as the economic engine for Northwest Indiana in the 21st century: using locally generated revenue to access federal funds and moving quickly to develop regional assets such, as Gary/Chicago International Airport,
Oklahoma City: Will Rogers World Airport | Can Do Can Go!
Will Rogers World Airport, also known as Will Rogers Airport or simply Will Rogers, is the principal commercial airport of the Oklahoma City Metropolitan Area. Despite the name (it’s currently the only airport to be called a “World Airport”), it has no international destinations at present.
The airport is named in honour of comedian and legendary cowboy Will Rogers, an Oklahoma native, and holds the dubious distinction of being named after a person who died in an air crash.
LocationWill Rogers World Airport is located in south-western Oklahoma City 6 miles (9 km) from the downtown area.
Driving directions to the airport and an online map with the airport’s location pinned can be found on the airport website’s Directions page .
Contact detailsAirport contact information can be found in their official airport contacts page .
To avoid confusion please note that there are other contacts pages on their website referring to media contacts and airline contacts.
Official website: http://www.flyokc.com/
Facilities for disabled peopleUnfortunately the airport’s “accessibility” web page only covers handicapped parking and shuttle lots, although it does include a link to a wheelchair and special needs transport service.
Will Rogers International Airport - Bookshelf
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Will Rogers World Airport
Will Rogers World Airport is located in Oklahoma City, OK. This is the official site for departures, arrivals, airport maps, ground transportation, news, and information.
Will Rogers World Airport - Wikipedia, the free encyclopedia
The airport is named in honor of comedian and legendary cowboy Will Rogers, an Oklahoma ... Will Rogers World Airport is unusual in that it is the only airport ...
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Complete aeronautical information about Will Rogers World Airport (Oklahoma City, OK, USA), including location, runways, taxiways, navaids, radio frequencies, FBO ...
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Map to Will Rogers World Airport
The Will Rogers World Airport is located in Southwest Oklahoma City with convenient access from both I-40 and I-44. Here is a map of the area with ...