Kennedy's new push for non-aviation revenue has got me thinking: which airline said to him, "We need lower station costs in order to expand." Non-aeronautical revenues in 2016 were 48.7 million, a little over half of the airport's operating revenues. The on-site parking would raise $3.2 million; other increases in off-site parking and commercial vehicle access (which need city council's ok) would raise $1.8 million. In 2016 the airport had an operating profit of $8 million; 2017 with all those addition PFCs should be better, so the airport is more than solvent now and paying down lots of debt. He said the first fee increase was for attracting more air service; and second increase was for some fairly minor projects the airport needs that normally would be tacked onto landing fees.
I have to think he is responding to some specific airline request to lower station costs further. I wonder what the airline has promised in return.
There seems to be a lot of buzz in the media about CLE in 2018. Several articles from the Plain Dealer (not that common), several in Crain's and a few blogs. It's noticeably different in pointed, accurate direction (new SLC, future TATL European Mainland), cost control (parking fees, pax revenue, cargo) and well publicized. So, even without and approved "strategic plan", Kennedy is working "his plan". One hopes that "his plan" is to reduce debt to a very acceptable level when the "strategic plan" is done so that a major project could be tackled. The last thing you'd want is a $3m "plan" and no $$ to do anything about it, like the last time CLE did the plan and were going to put in a hotel, parking deck, etc. all which never happened. A true leader would have CLE in a position to act on the plan. I wish him well and hope that's "his plan".