30-Nov-2005 12:22 PM
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:
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Car parking: USD46 million, 16% above initial forecast;
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Car rentals: USD10.8 million, +15%;
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Food & beverage: USD6.8 million, +64%;
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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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