TITLE

Metropolitan Washington Authority's 2002 Revenues Up $23M

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
June 2003
SOURCE
Bond Buyer;6/18/2003, Vol. 344 Issue 31659, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on the annual audited financial report of the Metropolitan Washington Airports Authority which indicates a 22.8 million dollar increase in its operating revenues for the 12 months of 2002, a 7.26 percent boost over 2001 levels. The report attributed the improvement in 2002 passenger levels at National Airport to the lifting last year of federal restrictions on flights at the airport. Immediately after the September 11, 2001 hijackings, National Airport was closed and did not reopen until October 4, 2001, when the government allowed limited commercial air carrier activity to resume. Other reasons for the rise in operating revenues include a 14.68 percent increase in landing fees and a 9.74 percent rise in concession revenues.
ACCESSION #
10112229

 

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