TribLIVE

| Business


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Airlines' fees to rise as Airport Authority adopts 2013 budget

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

Saturday, Oct. 13, 2012, 12:01 a.m.
 

The Allegheny County Airport Authority on Friday adopted a $159.6 million operating budget for next year that increases airlines' cost of doing business at Pittsburgh International Airport.

The spending plan boosts airlines' per-passenger costs 2.7 percent to $14.66, up from $14.28 this year. Costs include landing fees and renting space in the air-side terminal and on the airport ramp.

The increase might have been larger, but board Chairman David Minnotte said the authority has “better controlled costs and improved revenues.”

Overall, next year's budget and debt payments will be 3.3 percent, or $5.1 million, higher than this year's.

A bulk of the increase — or $3.8 million — will be used to make payments on a $50 million bond issued this year for facility improvements.

That will increase the authority's debt payment to $65.7 million. Most of it is related to the $1 billion construction of the airside and landside terminals two decades ago.

The authority also adopted a $35.5 million budget for facility improvements next year, including repairs to people-mover trains that travel between Pittsburgh International's two terminals, replacing guard shacks around the airport's perimeter and terminal improvements.

Tom Fontaine is a staff writer for Trib Total Media. He can be reached at 412-320-7847 or tfontaine@tribweb.com.

 

 

 
 


Show commenting policy

Most-Read Business Headlines

  1. Calgon Carbon poised for explosive growth
  2. CMU spinoff’s CEO gets council honors
  3. Large-scale batteries are integral in shift to renewable energy
  4. Rural communities can’t shake effects of subprime crisis
  5. Chevron puts $20M into educating, training Appalachian workers
  6. Russian steel to lose duty shelter
  7. Market sell-off offers opening
  8. Amid struggles, top fiscal executive to leave EDMC
  9. Stocks rally; S&P 500 has best day of 2014
  10. High pollution levels found near Ohio gas wells
  11. PPG Industries to buy Westmoreland Supply paint store chain
Subscribe today! Click here for our subscription offers.