malev2012 wrote:Seems that FedEx has hit a rough spot recently, https://business.financialpost.com/news ... r-slowdown wonder what the impact will be on airport revenue, if FedEx has less operations will this drive costs per enplaned passenger higher?
Amazon is eyeing yet another facility in Memphis, this time is a rumored mega facility at 5 levels and several million sq ft. That may lead to some increase Amazin Air activity
Supposedly UPS is looking to expand at the airport, the size of that is unknown. However, some of the bordering land that used to be a neighborhood was recently bought from the airport and something is to happen there.
https://www.bizjournals.com/memphis/new ... cargo.html
August numbers were up near 3% last year, averaged 90 commercial passenger flights per day compared to 83 in 2018.
We have posts here showing the upgaging of equipment especially on AA flights, I'd say things are ok for MEM
FedEx also suggested a rebound for 2021 based on current conditions.
https://dailymemphian.com/section/busin ... -2021-if-e
Add in the recent expansion of ops worth billions I'd say Memphis will be ok. FedEx is about to move many jobs downtown. Cranes are rising in Downtown Memphis finally. Some local economists say Memphis economy is the best it's been 4 decades. They just landed an United Healthcare offshoot HQ for downtown. They will also have ops in Boston. Along with the Indigo HQ and it's Boston connections. Eventually someone will get a clue at bring back MEM/BOS.
https://www.commercialappeal.com/story/ ... 352340001/