ACAA Tenth Anniversary Celebrated at July 10 Board Meeting
July 10, 2009
ALLEGHENY COUNTY AIRPORT AUTHORITY TENTH ANNIVERSARY CELEBRATED AT JULY 10 BOARD MEETING
PITTSBURGH, PA – The Allegheny County Airport Authority observed its 10th anniversary at the July 10, 2009 Board Meeting. Board Chariman Glenn Mahone stated, “In the ten years of the Authority, we have faced many challenges including 9-11 and many changes in the airline industry. Through all of it, the Authority has been able to advance Pittsburgh International Airport and Allegheny County Airport in customer service, safety, quality of air service and economic development.”
Allegheny County Executive Dan Onorato congratulated the Authority on this occasion, “I commend the Allegheny County Airport Authority for its success in controlling costs, increasing revenue, providing more airlines with lower fares and bolstering economic development in the region.”
The ACAA was formed on July 14, 1999 when the Articles of Incorporation were filed with the state, pursuant to the resolution of the board of county commissioners adopted on June 17, 1999. The organizational meeting of the board was on July 29, 1999.
Under a lease with an initial term of 25 years and two additional 25 year option terms, the Allegheny County Airport Authority, governed by a board appointed by the Allegheny County Chief Executive, operates the two premier airports that serve the Pittsburgh region.
Mission and Vision
The Allegheny County Airport Authority’s Mission: To provide exceptional customer service in a safe, secure, and cost competitive airport environment through the commitment, innovation and expertise of our employees.
The vision of the Authority is to provide access to the world and to hold the safety and security of the travelers and employees in the highest regard. We have a high regard for the skills of the outstanding staff in providing high quality services.
As a fiscally responsible organization, the Airport Authority works closely with the community and industry to make certain to provide the region with a sound and professionally-operated airport system.
Authority governance increases funding
- To fund over 50 federally-approved and/or state-approved capital infrastructure projects at PIT and AGC, the ACAA has secured and collected:
- Over $150 million of Passenger Facility Charges for Pittsburgh International Airport.
- Over $200 million of federal and state grants for both airports.
- Much of the state economic development related grants being secured with the assistance of the Allegheny County Dept. of Economic Development.
- The Authority always had up-to-date and complete Master Plans and Existing/Future Airport Layout Plans
Other Success Indicators:
OPERATING EFFICIENCIES AND CONTROLLING COSTS
• Refinancing airport debt has resulted in reducing debt service and savings in the millions for airlines operating here as well as improving our outlook with Rating Agencies.
• Cost controls in the form of bidding energy contracts, managing staffing levels and negotiating competitive service contracts has resulted in operating costs rising only 2% in the last several years.
• By ensuring that the Authority always has projects prepared and ready to be funded, the Airport Authority has successfully increased total grant revenue from federal and state funding sources, averaging nearly $24 million per year. The introduction of the Passenger Facility Charge in 2001 generates additional revenue averaging $21 million per year. Parking, Rental Car, the world class AIRMALL and other non-aviation operations have produced millions of dollars in revenues. These funds go directly toward lowering the cost of operation for airlines, keeping Pittsburgh International Airport competitive and attractive for airline expansion.
MORE NEW AIRLINES AND LOWER FARES
• In 2000, the average one-way fare to all destinations was nearly $192, one of the highest in the nation. TODAY, Pittsburgh International Airport is among the top US airports with the LOWEST fares. Our average fare is $140, well below the national average.
• New service from Low Cost Carriers such as AirTran, JetBlue and Southwest has attracted more than 360,000 additional passengers per year and has contributed more than $180 million in total economic impact.
• Pittsburgh International Airport Property Development has been advancing at a rate that was unheard of prior to the formation of the Authority. Coordinated funding efforts with state, county and private investments have resulted in shovel-ready land on airport property. Major development projects include: Airside Business Park, Industry Drive, Clinton Commerce Park Phase One, Cherrington Commerce, Northfield Phase One and Two, US Airways Operations Control Center and Route 30.