We're pleased to announce that Palm Springs International Airport (PSP) had its long-term ‘A’ rating reaffirmed by S&P Global Ratings. This achievement reflects our strong financial health, record-breaking passenger growth, and effective management. We're proud to continue serving the Coachella Valley with excellence and look forward to future growth and success. ???? https://lnkd.in/ggeM6-pE
Palm Springs International Airport的动态
最相关的动态
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Interesting article with what's going on between Richmond International Airport leadership #RIC and long standing private FBO entities Richmond Jet Center and Million Air in Richmond, VA. These private entities have been well funded over the years, made improvements, and provided key support to both General Aviation and commercial airport operations (Fueling, Deice, etc.). This will be interesting to see how this plays out... Government Takeover or maintain a well balance mix of Government & private entities. Also, I am curious if this could be a directional push for the short term to push out local FBO's for a period with longer term ambitions of bringing in well known International FBO's over the long term... Either way, this doesn't sound good for RIC and could lead to higher cost for operators and/or travel out of RIC. #FBO #RichmondJetCenter #MillionAirRichmond #Charter #Privatejetcharter #GeneralAviation
Capital Region Airport Commission member Reva Trammel wrote an editorial criticizing Richmond International Airport’s proposal to take over all FBO operations. The vote on this proposal will take place on Tuesday, August 27, 2024. Read Trammel's full article here: https://ow.ly/o3hw50T3Umw
Commentary: At Richmond's airport, a government takeover would be costly
richmond.com
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With growing middle-class numbers, competitive low-cost carriers, and major airport upgrades, the aviation sector is a prime investment opportunity. ?? Disclaimer: This post is for informational and educational purposes only. Consult with a qualified financial advisor for personalized advice. KRChoksey is not responsible for any financial decisions made based on the information provided in this post. #KRChoksey #StockMarket #growingsector #InvestmentOpportunities #AviationIndustry #Travel #AirportDevelopment #AirlineGrowth #AviationInvestment #investintomorrow #EconomicGrowth #sharemarket #trading #SmartInvesting #financialfreedom #FinancialGoals #nse #bse
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It is pleasing to deliver a solid half year result for our region and for our shareholders. We acknowledge the efforts by the whole Napier team in achieving this, with less resourcing than we would normally deploy during the first half year. ? We’ve just released our financial results for the six months to the end of March, 2024. We’re pleased to say that it’s a good result driven by many factors, but primarily logs and cruise trade have contributed to support our business. Our revenue rose 10.1% to $70.6 million, and was led by significant growth in export log and cruise revenue. We have a reported net profit after tax increased 64.8% to $14.3 million, from $8.7 million in the same period last year. Container volumes decreased 17.3% on continued post-Cyclone Gabrielle effects and weaker economic activity. We have an expected underlying result from operating activities for the year to 30 September 2024 of between $50 million and $53 million. You can find further information here: https://lnkd.in/e2VRaGiy
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Traveling can be stressful, but knowing which airlines offer free checked baggage can make your journey smoother and more cost-effective. In the U.S airlines like Southwest, lead the way, offering generous baggage policies that enhance the travel experience. Next time you book a flight, check out these airlines below and travel smarter with free checked baggage! Read more on this topic here: https://lnkd.in/ezymF4AF ____________________________________________ If you want to create a financial game plan to accomplish your financial goals, we would love to help you! Please follow the link to schedule an appointment with us! Schedule a session: Ian Payne https://lnkd.in/dYV7qrqp Feel free to bring your questions and we will answer as many as we can!
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On Monday, May 20th, the Rochester City Council voted to create a $1.5 million fund to help RST attract new direct flights. Here are the top 6 things you need to know: 1. What was approved by the council? The proposal is for the city to create a $1.5 million airline Minimum Revenue Guarantee (MRG) fund to be used as a key incentive in efforts by RST to attract new direct flights on low-cost airlines to leisure destinations 2. What’s an MRG? A Minimum Revenue Guarantee (MRG) is an arrangement that’s common in the airline industry. An MRG is designed to reduce an airline’s financial risk in launching service on a new route by guaranteeing that the airline is paid a set amount of money if the airline is not achieving expected revenues. An MRG is not a subsidy. The goal is that high demand for flights would mean that they quickly become self-sustaining without dipping into payments from the MRG 3. How will our airport’s MRG be funded? It’s expected that about $1.17 million would come from the City of Rochester’s federal budget stability funds left over from the pandemic and the rest from a variety of other city funds. No local tax dollars would be used 4. How will the airport’s MRG work? - Negotiate with interested airlines & reach an agreement - Celebrate the additional flight/flights and begin services - At 3 mos, evaluate progress with the airline to determine whether to continue services or end the contract early - If a decision is made to proceed, we’d review quarterly revenue reports with the airline. The fund would provide payments if the airline were not achieving its expected revenues - After 2 yrs, the fund would return its remaining dollars to the City and flights would be fully self-sustaining 5. What new destinations are being targeted and why? Our focus is on expanding service to leisure destinations, specifically Phoenix and Orlando (Read the article to hear why!) 6. How would the additional direct flights benefit the community? A few of many reasons: - Providing direct flights to destinations our community members already frequent provides convenience and overall cost savings for them - A thriving airport is a vital part of a thriving community. Any additional air service out of Rochester will eventually generate additional dollars to maintain high-quality airport facilities for all its users, from medical and business travelers to vacationers Read the full article here: https://lnkd.in/ey39392S
Top 6 Things You Need to Know About Our MRG | FlyRST
https://flyrst.com
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Aspiring Data Analyst | Skilled in SQL, Python, Stata, and Data Visualization tools | Eager to Translate Data into Actionable Business Strategies
I'm pleased to announce that our latest research paper, co-authored with Dr. Siew Hoon Lim and Dr. FECR? KARANK? , has just been published by Managerial Finance (ABDC: B)! This study explores the intricate relationship between airport rate-setting methods and bond ratings, marking a significant advancement in our understanding of economic factors influencing municipal bond ratings for the US airports. #BondRating #USAirports #RateSettingmethods #LegacyAirlines
The effect of United States commercial airport rate-setting methods on airport bond ratings
emerald.com
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Helping you break your reliance on a paycheck | Generate passive income investing in long-term, cash flowing real estate and reclaim your time
The airline industry’s recent meltdown offers invaluable lessons for real estate investors. Just like air travel, successful real estate investing hinges on trust, reliability, and clear communication. From timely updates to designated points of contact, discover how to build lasting relationships with your investors. By mastering the art of customer service, you can transform your real estate portfolio into a steady source of wealth and peace of mind. Our latest blog article explores how to apply these principles to real estate investing. Dive into the details at: https://lnkd.in/gPVuumYi --- If you are serious about breaking your dependency on your paycheck, my free e-book provides an introduction to generating passive income from real estate syndications (https://hubs.ly/Q02flVyv0). Ready to take action? Schedule a call with me from my website (https://mbc-rei.com/)?to discuss how real estate investing can help you achieve financial freedom. #mbcrei #passiveinvesting #syndications #realestatesyndication #customerservice
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Airport expansions have been in the news already this year as Gatwick Airport’s plans to convert its emergency runway into routine use and Luton Airport’s plans to increase passenger numbers have faced opposition. Hertfordshire County Council is ‘vehemently opposed’ to Luton Airport’s plans for growth, citing concerns over increased traffic, noise and environmental impact. Find out more in our newsletter here?? How do you think airports should address and mitigate the concerns of local communities when developing plans for growth? Comment below?? #Airport #Expansion #Aviation #Heathrow #Newsletter
Heathrow Strategic Planning Group :: News
heathrowstrategicplanninggroup.com
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Retired Investment Banker
3 周Outstanding rating for an airport of this size and not having a backup guarantee for debt service. The City and Airport management should be commended.