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Miami International Airport landing fees to be lowered in FY2013

8-Aug-2012 10:08 AM

US' Miami-Dade County Aviation Department announced (07-Aug-2012) it will be lowering its aircraft landing fee at Miami International Airport (MIA) by nearly 9% effective 01-Oct-2012. The airport said that due to record passenger and cargo growth in FY2012, the department will be lowering landing fee from USD1.92 to USD1.75 per 1000 pounds of landed weight for FY2013 (through 30-Sep-2013). The department noted that as a result of growth at the airport, it will be carrying over USD85 million of the surplus realised this year into FY2013, allowing it to begin the new fiscal year with 20% of its budget already funded. In addition, the department will now be able to set aside a year's worth of debt payments to pay back bonds sold for MIA's new people mover system to the Miami Intermodal Center. [more - original PR]