Capital Region Airport Commission Reports July 2009 Passenger Traffic for Richmond International Airport, Favorable USDOT Fare Findings
Airport's Traffic Decline Slimmest of 2009, USDOT's Bureau of Transportation Statistics (BTS) 1st-Quarter 2009 Air Fare Data Shows Domestic Decreases at RIC Among Nation's Largest
August 25, 2009
Richmond International Airport, VA - August 25, 2009
At the monthly meeting of the Capital Region Airport Commission, Richmond International Airport (RIC) today released passenger traffic data for July 2009. Total passenger traffic decreased 1.8% versus the same month a year ago, with the airport reporting 308,984 passengers (compared to 314,521 in July 2008).
US Airways was the airport's market share leader for the month, with 24.0% of passenger traffic, followed by Delta Air Lines at 22.8%. American Airlines, AirTran Airways, and JetBlue Airways rounded out the top five at RIC in July. Four air carriers, led by JetBlue (+14.2%), reported passenger traffic growth for the month.
The USDOT's Bureau of Transportation Statistics (BTS) reported that domestic air fares dropped 9.1% in the first quarter of 2009 from the fourth quarter of 2008, the biggest quarter-to-quarter drop on record.
According to the BTS, among the top 100 airports, Richmond (RIC) had the 3rd-largest average domestic fare decrease, with 1st-quarter 2009 fares down 16.6% vs. 1st-quarter 2008 (Cincinnati reported the greatest decrease, -16.8%, for the same period).
A separate measure of fares, the BTS's Air Travel Price Index (ATPI), showed RIC had the largest year-over-year decrease, -14.5%, among the US's top air travel markets. Notably, RIC was ranked as the top ATPI market for decreases from the 1st-quarter 1995 to the 1st-quarter 2009 with a fare decrease of 9.6%.
For 1Q2009, the average roundtrip fare from RIC, $302.07, was below the national average of $314.94.
"The USDOT's reports show the value of heightened competition for an air travel marketplace," said Kim Scheeler, CEO of the Greater Richmond Chamber. "Via the Chamber's Air Service Task Force and Chamber membership at large, we have worked overtime to support all airlines - including newer entrants like AirTran and JetBlue - that have made an investment in the Greater Richmond Region."
"As we work with companies across the country and around the globe that could someday call the region home, we love being able to tell our story," said Greg Wingfield, President of the Greater Richmond Partnership, "including the evolution of Richmond International Airport. The terminal complex is totally transformed into a modern, attractive facility and air fares are ‘on par' or lower than average domestic fares."
"With tireless support from the region's business community, increased airline options have yielded better fares for all RIC travelers," said Jon E. Mathiasen, AAE, President and CEO of Richmond International Airport. "Moreover, the Capital Region Airport Commission has made every effort to offer one of America's most convenient airports, from the highway to the jetway, and to honor a commitment to keep costs, rates and charges competitive for our air carrier partners."
About Richmond International Airport (RIC)
Richmond International Airport is the gateway for Virginia's Capital Region. For more information about RIC, please visit our Web site at www.flyrichmond.com.
Capital Region Airport Commission
Troy M. Bell, CM