Tuesday, June 24, 2008

Airport Domino

Naturally all the media coverage has focused on how the reduced capacity will raise consumer prices. Another impact will be less landings and ultimately less income for airports. This will hurt all airports but, of course, those smaller airports are likely more vulnerable. Thus, this story out of Canada: "Ottawa International Airport Authority said it's doing its part to soften the blow of rapidly rising fuel costs on the airline industry by slashing its general terminal fees by five per cent starting July 1." The article cites savings of $600k per airline.

Airports are generally an underrated aspect of the equation. At the base, airports are a commodity. However, the various landing and parking fees do matter, especially in the cash flow crisis we are seeing now. Given the situation, we may see more airports offering similar relief.

1 comment:

Michael said...

There are several ways in which you can park at an airport on a budget. Here are a few useable ideas.

1. Ask if the airport parking lots have different rates for long-term/short-term parking. Many airport parking lots charge more for lots closer to departure gates than for parking lots a considerable distance away.
2. Consider parking at an off-site airport lot. You will save a lot of money and be able to use a shuttle service run by the parking lot to the airport. In fact you may save energy by not having to lug heavy bags across parking lots.
3. Do a comparison of different on and off-site airport parking sites and their costs as well as pros and cons such as distance, transportation, safety, time saving and so on.
4. If you are a member of AAA you may be eligible for special rates when booking airport parking online. What is more some airport parking companies offer special privileges for AAA members like free pick up and drop
5. Use discounts offered by online airport parking web sites. Many companies that handle airport parking offer lower rates for online or e-coupon bookings.
I hope that is help full for you