DFW Airport Overview - FACC-NY · 2019-09-10 · DFW is #1 in the U.S. for job growth 0 20,000...

Vice President Airline Relations and Cargo Business Development

Milton De La Paz

DFW Airport Overview

• DFW Airport

• Texas and DFW market

• Cargo market opportunity

The DFW opportunity

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ECONOMIC

IMPACT

bi l l ion annual ly

$AIRPORT RANKINGS

• 4th In the world for flights

• 11th in the world for passengers

• 187 Domestic Destinations

• 62 International Destinations

• Global Cargo Network

DFW Airport at a glance

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187

FL IGHTS PER DAY

1,800

D A I L Y C U S T O M E R S

185,000+

C U S T O M E R S T H I S Y E A R

72.3M6

DFW is committed to customer experience and safety

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Automated Screening Lanes

Multiple divesture stations

Enhanced bin trackingWaiting time App Facial recognition

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Texas and DFW market

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Texas added 400,000 new residents in 2017, the most in the U.S. and grew the second fastest YOY

Source: U.S. Census Bureau, Annual Estimates of the Resident Population (as of July 1, 2017)

Dallas Fort Worth is the 4th largest metropolitan area

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Source: U.S. Census Bureau, Annual Estimates of the Resident Population (as of July 1, 2017)

DFW accounted for more than one-third of all new residents in Texas

DFW 146,238 36%

IAH 94,417 24%

AUS 55,269 14%

Rest of Texas103,810 26%

Source: U.S. Census Bureau, Annual Estimates of the Resident Population (YE July 1, 2017)

YE June 30, 2017

Dallas Fort Worth population to surpass Chicago by 2031

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Source: U.S. Census Bureau, Annual Estimates of the Resident Population (as of July 1, 2017)

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1,800 companies left California in a year- most to Texas

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• Companies are leaving California in search of better business climates, and Texas is the #1 choice

• Record high 1800 relocations occurred in 2016*; 13,000 companies left between 2008-2016

• 300 of the 1800 departures moved to Texas

• 35% of the corporate HQs that have relocated to DFW since 2010 came from California

Source: San Francisco Business Journal DEC 2018; https://www.bizjournals.com/sanfrancisco/news/2018/12/13/1-800-companies-left-california-in-a-year-with.html*Most recent year available

Texas ranks top in the country for business

Texas has the fastest growing economy among the U.S. top ten states

Source: Bureau of Economic Analysis (Gross State Product) for 2016

Texas and Dallas Fort Worth as global economies

Source: Bureau of Economic Analysis (Gross State Product) for 2016

DFW’s

growth

outpaced all

except China

and India

Dallas Fort Worth is distinguished by industry diversity

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Source: Dallas Regional Chamber; Fort Worth Chamber of Commerce; Texas Workforce Commission; Bureau of Labor Statistics

DFW is #1 in the U.S. for job growth

0 20,000 40,000 60,000 80,000 100,000 120,000 140,000

Dallas-Fort Worth-Arlington

New York-Newark-Jersey City

Los Angeles-Long Beach-Anaheim

Houston-The Woodlands-Sugar Land

Seattle-Tacoma-Bellevue

Phoenix-Mesa-Scottsdale

Riverside-San Bernardino-Ontario

San Francisco-Oakland-Hayward

Atlanta-Sandy Springs-Roswell

Orlando-Kissimmee-Sanford

Job growth (YE April 2018)

Source: https://www.bls.gov/news.release/metro.t03.htm; April 2018

2020

DFW Airport and the air cargo community

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DFW Airport OverviewJointly owned by the cities of Dallas and Fort WorthOwner Cities / Commercial Development Task Force

Southlake

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DFW Land Use Plan

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• Airfield access sites = 68.4 hectares

• Includes 12,077 sq. m. planned cargo

facility

• Other development sites total 307.6

hectares

250 +/- acres101.2 +/- hectares

118 +/- acres47.8 +/- hectares

51 +/- acres20.6 +/- hectares

144 +/- acres58.3 +/- hectares

130,000 sq. ft./12,077 sq. m.

197 +/- acres79.7 +/- hectares

Development Types

• Cargo

• Warehouse

• Distribution

• Office

• Mixed Use

• Retail

• Hospitality

• Industrial

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DFW: Commercial DevelopmentCommercial Development opportunities play a key role in DFW’s future by sustaining operations and

offsetting landing fees

$48.5M Projected Ground Lease Revenue FY2019

$49.7M Projected

Hotel Revenue FY2019

Natural Gas

$321.2M Total Revenue Received as of 12/31/18

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• Approximately 600 acres

• East 350 Acres

• 17 facilities

• 6M ± Msf

• Industrial

• West 250 Acres

• Corporate Campus

• Medical Research

• Retail/Restaurants

• Hospitality

Bear Creek Business Park

Passport Park Business Park

American Airlines Campus

Bear Creek Golf Course Walnut Hill Industrial

West Air

Cargo

West Grapevine

Industrial

NE Air

Cargo

Northwest

Logistics

Founder’s Plaza

International Commerce Park

635 and Royal Lane

Coppell Industrial

Southgate Plaza

Beltline Station

North Destination

DistrictPassport Business Park

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SEP 18, 2018

DEC 26, 2018January 15, 2019

Passport Business Park Development - East

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• Expanding e-commerce facilities and

operations in North Texas

• Approximately 5.1 million sq. ft. on or

adjacent to DFW Airport

• Fleet operations:

• “Prime Air” B767-3F freighters

60,000 SF & 3 plane

parking positions

428,000 SF

In ICP

1,000,000 SF

1,053,000 SF

Logistics Center I

2,408,000 SF

Logistics Center II

AmazonCurrent Amazon Facilities – DFW Airport

West/Northeast Air Cargo

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West/Northeast Air Cargo

• Approximately 387 acres

• West Air Cargo – 303 acres

• Northeast Air Cargo – 84 acres

• Approximately 4.1 million sq/ft of

facilities

• West Air Cargo – 3.2 million sq/ft

• Northeast Air Cargo – 900,000 sq/ft

Bear Creek Business Park

Passport Park Business Park

American Airlines Campus

Bear Creek Golf Course Walnut Hill Industrial

West Air

Cargo

West Grapevine

Industrial

NE Air

Cargo

Northwest

Logistics

Founder’s Plaza

International Commerce Park

635 and Royal Lane

Coppell Industrial

Southgate Plaza

Beltline Station

North Destination

District

DFW Airport provides huge economic benefits

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• $37 billion annual impact

• Connecting goods, services, people

• Cargo impact roughly half of total

• And we do all this through PFCs and AIP – no taxpayer dollars

• Visual

• Cargo operations timelapse background (need to shoot)

$37 Billion annual economic impact

Cargo and logistics matter to DFW

Freighters bring extensive global network to DFW

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Geographic advantagesForwarders prefer to consolidate cargo at DFW

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DFW

LAX

MIA

NYCORD

SEA

PDX

SFO

ATL

= One day truck drive

Distribution advantages

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• Two day service to all points in 48

contiguous states

• Sufficient capacity—major destination point

• DFW second lowest cost origin market

• One day off the Mexican border—can make

trip within HOS limits

• Serviced by over 600 motor carriers with

several headquartered here

• Can reach any city in the U.S. and Mexico

within 4 hours or less by air

Legend

Latin America

United States

Air

Ocean

Truck

LAX

ORD

MIA

Asia

DFW

Current Latin America-Asia Air Freight Trade Flows

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Source: LogCapStrat DFW Air Trade Portfolio Model

DFW transborder freight flows represent a large opportunity for transit freight to / from Mexico

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• Texas ranks #1 in the U.S. for truck border

crossings / entry

• 3.8 million truck border crossings annually,

34% of U.S. total

• World Trade Bridge - Laredo, Texas, ranks

as the largest border crossing in the U.S.

• Over 2 million trucks annually

• 1.5 million loaded truck containers, 18% of

U.S. total

Source: U.S. Department of Transportation, Bureau of Transportation Statistics

MTY

GDL

LRD

MEX

DFW

Meeting Name & Date (Optional)3

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DFW achieved CEIV Pharma Community status

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Foreign Trade Zone

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DFW offers an extensive Foreign Trade Zone (FTZ)

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• 971 hectares on-airport

• Pre-designated as FTZ

• Companies can simply activate with Customs

• FTZ-designated warehouse space

• 56 buildings

• 1.1 million sq. m.

• New industrial development underway

• FTZ acreage can easily be moved to

accommodate companies

Source: DFW Commercial Development Department

Significant economic benefits come with FTZs

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• No duty on imports until they leave the FTZ for a domestic destination

• No duty on items brought into FTZ and exported, as these items never enter Customs territory

• Manufacturing FTZs can elect the lower of component part or finished product duty rate

• No state and local personal property tax on imported inventory or domestic inventory held for export

• Other logistical and process savings

International Air Cargo Centre, Phases I and II

Source: DFW Commercial Development Department

DFW’s service area spans 7 counties,16k sq. km

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DFW

Source: DFW Commercial Development Department

• Perfect geographic gateway to North and South America

• Fast growing and diverse economy

• Unconstrained and highly-efficient airport infrastructure

• Lowest cost gateway for key perishables and electronic trade lanes

• Ample land for commercial development

• Easy and convenient set up for FTZ sites

• Best in class incentives and low airport charges

• Abundance of available logistics sites within close proximity to airfield

• Relatively low cost of real estate compared with other regions

• Track record of many successful air cargo/logistics developments

Why Dallas Fort Worth?

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