Home Back Issues July 2010 Small airports struggle with economy

Small airports struggle with economy

| Print |  Email
Articles - July 2010
Friday, June 25, 2010

Oregon’s regional airports have held steady against the poor economy, adding new airlines, destinations and expansions despite some lower passenger counts.

From 2008 to 2009, Redmond’s airport saw a 5.6% passenger decrease and Medford’s passengers decreased by 1.7%. But Eugene’s airport saw a 5.1% increase in passenger travel, and Medford airport director Bern Case says his airport is expecting passengers to increase by almost 11% this year.

Expansion plans include a longer runway at Prineville’s airport, which received a $690,135 grant from the Federal Aviation Administration in July for the project. Longer runways can accommodate larger aircraft, which means more passengers and more money.

Redmond’s airport opened its new facilities and terminal in February, the result of a $60 million expansion that enlarged the airport from 24,000 square feet to 140,000. Medford’s airport also has added another terminal.

And airports are adding airlines and destinations. Redmond instituted daily service to Denver and Phoenix, and increased the passenger size of flights to and from San Francisco from 30 to 50. (However, Horizon in late August will drop its daily flight from Redmond to Los Angeles.) Medford added nonstop service to Los Angeles, Las Vegas and Phoenix. Case says having multiple airlines serving an airport gives people choices in terms of cost and destination. That increases the likelihood they will use the airport.

Airlines serving small airports offer deep discounts because of lack of competition (the FAA says only Seaport, which serves Pendleton, gets a federal subsidy). Case says one-way tickets to Los Angeles and Las Vegas range between $59 and $89. “We’ve managed to stay competitive,” he says.

AMANDA WALDROUPE
 

More Articles

Q&A: David Lively of Organically Grown Co.

News
Tuesday, July 01, 2014
OGCLogoBY HANNAH WALLACE | OB BLOGGER

Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.


Read more...

Trends in business succession

News
Thursday, July 03, 2014
TrendsBY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS

The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.


Read more...

Managing family assets: The importance of planning ahead

News
Friday, August 22, 2014
Unknown-1BY CLIFF HOCKLEY |  OB GUEST CONTRIBUTOR

When business intersects with family, a host of  situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.


Read more...

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Podcast: Interview with Steve Balzac

Contributed Blogs
Tuesday, August 19, 2014

082014BalzacBY TOM COX | OB BLOGGER

Tom Cox interviews Steve Balzac, author of "Organizational Psychology for Managers."


Read more...

OB Video: Dress for Success

News
Wednesday, July 02, 2014
DFSOBY JESSICA RIDGWAY | OB WEB EDITOR

Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.


Read more...

Oversight? Or gaming the system?

News
Monday, July 14, 2014
AmazonBY VIVIAN MCINERNY | OB BLOGGER

Some people think Amazon’s winking eye logo is starting to look like a hoodwink.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS