RIC Reports April Growth for Key Performance Indicators
May 28, 2019
Richmond International Airport, VA (May 28, 2019) – For the 19th consecutive month, Richmond International Airport (RIC) reports a new monthly record as the 372,025 travelers transiting the facility in April 2019 topped the previous mark of 340,590 set in April 2018.
Passenger Traffic
For April 2019, passenger traffic increased 9.2 percent compared to the same period a year ago. Delta Air Lines was the market share leader, carrying 32.7 percent of RIC passengers, followed by American and United. Six airlines reported year-over-year growth, including Allegiant (+66.7%), Spirit (+37.8%), and American (+15.2%).
For the first ten months of FY19, total passenger traffic is up 12.8 percent.
Cargo
Total cargo, measured as a sum of freight and mail, increased 10.4 percent from April 2018 to 11.59 million pounds. Thus far in FY19, cargo is up 2.7 percent.
Operations
Likewise, aircraft movements increased 15.2 percent in April (9,551 vs. 8,293), with military (+35.2%), general aviation (+28.5%), air carrier (+8.6%), and air taxi (+6.2%) operations all reporting year-over-year growth. For FY19, aircraft operations are up 5.3 percent.
View the monthly aviation summary here.
Air Service Notes
- Southwest Airlines will launch a new nonstop weekend route, Richmond-Tampa, and resume seasonal Saturday Richmond-Orlando service on August 10th.
- Announcing enhancements to its upcoming winter schedule, American Airlines plans to add three daily flights between Richmond and New York (JFK) starting November 21st.
Financials
Through April, fiscal year-to-date (the Commission’s fiscal year runs from July through June) operating revenues totaled $43.4 million, greater than budget by $4.8 million (12.6%). Operating expenses for the same period amounted to $21.8 million, greater than budget by $74 thousand (less than 1%).
Additional Matters
Additional items discussed at the monthly Commission meeting included:
- The Commission approved the FY2020 Budget Plan which anticipates operating revenues of $52.6 million and operating expenses of $28.1 million.
- Valet Attendant Jefferson Ellett was recognized for 20 years of service.
- Approval of a power utility easement for Dominion Energy.
About Richmond International Airport (RIC)
Now you’re going places with Richmond International Airport (RIC). Seven major airlines offer nonstop flights to major domestic destinations and connecting options to points around the world. The activities of RIC and its tenants create nearly 16,000 jobs and contribute $2.1 billion in economic activity annually to the Richmond region, according to the Virginia Department of Aviation’s most recent economic impact analysis. In 2018, the Airport welcomed more than four million passengers. For more information, please visit www.flyrichmond.com.
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Contact:
Troy M. Bell, C.M.
Director – Marketing & Air Service Development/PIO
tbell@flyrichmond.com