Looks like advanced bookings are ahead of forecasts and is willing to expand. Great news for COS and expansion of services.
The usage of gates is interesting, there is an east side that has either never been used or was used very minimally for the WestPac expansion. Right now it is housing offices and meetings but guessing it can be transformed into a concourse/gates again quickly.
The east concourse was built specifically for Western Pacific in 1996 and it was used extensively but only for a short period of time before, ironically, WestPac retreated from COS and moved to DEN and went broke. DIA (the new DEN) had just opened and was so far out of town that WestPac had the same idea, lure people from south Denver to COS, but it didn't work. WestPac even tried developing a feeder carrier, Mountain Air Express, or MAX. Things have really changed in the past 25 years and COS is much bigger now. WestPac was bran new back then but WN has been around for 50 years now, they know how to make COS work.
There was a lot more to it than that.....
United saw Western Pacific in COS as an mortal threat to the then new DIA ops. People weren’t sold on traveling so far out to the then Utterly remote airport after Stapleton closed.
UA FLOODED the COS market with seats, including adding DC-10’s. And they also had figured out WP’s Achilles heel.
At that time, The only aircraft capable of consistently operating with full loads out of there on high and hot days was the 737-300. WP’s entire business plan was built around that one airplane.
So United went out on the world market, and bought or leased every single available one, sometimes at 25-50% over market rates, even going so far as to create an entirely new financial instrument ( cannot remember exactly what it was called.) to pay for them. They sold these aircraft financing certificates for each plane to retirement funds, Wall Street Funds, Eric., with the promise that the dividends would be United’s Aircraft lease payments, you would own a share of a United Plane. It was a great sales pitch to Grandma. They were considered rock solid investments, because United Airlines could NEVER go bankrupt, right?
These were the FIRST planes United dumped in the bankruptcy, every single one of them. The certificate investors got burnt, badly.