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Screening Checkpoint Hours – 4:30 am to 8:30 pm

RIC Reports FY08 Passenger Traffic Up 4.6% to 3.63 Million

Passenger Traffic Tops Previous Fiscal Year Record Despite Industry Challenges of Record-High Energy Costs and Economic Uncertainty

July 29, 2008

Richmond International Airport, VA., (July 29, 2008): Richmond International Airport (RIC) reports total passenger traffic for Fiscal Year 2008 (FY08) surpassed the previous record set last year as 3.63 million travelers used the airport during the July 2007 through June 2008 period, up 4.6 percent over FY07's 3.47 million.

"We continue to see the considerable resiliency of the local economy," notes Capital Region Airport Commission President and CEO Jon E. Mathiasen, AAE. "While increased energy costs will continue to influence air service options across the country, the region's notable representation of Fortune 1000 corporate headquarters sites, more than 35,000 small businesses, the significant presence of state and local governments, and growth examples such as the expansion of nearby Fort Lee provide a certain amount of insulation for Virginia's Capital Region."

Additionally, for FY08, total cargo (freight and mail) decreased 2.4 percent to 114.5 million pounds handled, and airfield operations increased 8.0 percent, with strong growth for air carrier and general aviation segments.

For the month of June, passenger traffic decreased 5.0 percent to 319,530 from last year's all-time record. While a portion of the drop can be attributed to the loss of service from now-defunct Skybus Airlines, general economic uncertainty and fare changes related to record-high energy costs facing commercial aviation certainly contributed, as well.

In June, three airlines saw substantial passenger growth: AirTran (+13.9%), Continental and Northwest (each +10.9%), while US Airways claimed the largest share of passenger traffic at 23.8 percent, closely followed by Delta at 22.4 percent.

Richmond International Airport is the gateway for Virginia's Capital Region, and offers about 190 daily nonstop flights on Air Canada, AirTran, American, Continental, Delta, JetBlue, Northwest, United, US Airways and their respective regional affiliates between Richmond and more than 20 domestic and international destinations.

For Information:
Troy M. Bell, CM
Director - Marketing & Air Service Development/PIO
Richmond International Airport
Phone: (804) 226-3022
E-mail: tbell@flyrichmond.com


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