September 10, 2008

Parking Fees

All of this discussion got me to thinking about how much money are we talking about. From December of 2005 thru July of 2006 (Allegiant flew August of 2006 and one flight in September), here are the parking numbers ORH broken down between month, total collected, total expenses and net:

12/5 2,350 1,112.91 1,237.09
1/6 3,770 1,196.00 2,574.00
2/6 7,715 2,394,.05 5,350.95
3/6 13,006 3,411.25 9,594.75
4/6 11,879 3,164.70 8,714.30
5/6 6,945 3,124.52 3,820.48
6/6 7,308 2,841.46 4,466.54
7/6 7,217 2,848.04 4,368.96

Totals:Gross Receipts: 60,197
Gross Expenses: 21,092.93
Net Revenues to ORH 40,097.07

Over 8 months approximately $5,000 per month was netted. This is not an insignificant amount, but pales in comparison to a $2,000,000 per year loss. The question that needs to be asked now is:

Is it worth $5,000 per month to advertise FREE PARKING, like other successful secondary airports around the country, to convince people to fly out of ORH?

I think the answer is "yes".

2 comments:

Anonymous said...

Did anyone else notice the ad in the Sunday paper for an ARFF (Airport Rescue Fire Fighter) at ORH?

Anonymous said...

The direct Air website also lists Jet USA as an airline using DC-9??