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Commercialisation boosts Minneapolis' non-aeronautical revenues

Analysis

SYDNEY (Centre for Asia Pacific Aviation) - Metropolitan Airports Commission, operator of Minneapolis-St Paul International Airport, reports the following out-performance in concession revenue targets for the nine months ended 30-Sep:

  • Car parking: USD46 million, 16% above initial forecast;
  • Car rentals: USD10.8 million, +15%;
  • Food & beverage: USD6.8 million, +64%;
  • Retail: USD4.2 million, +9%.

The commission stated strong growth in concession revenues are primarily driven by increased passenger dwell times, due to increased security checks, allowing passengers more opportunities to spend.

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