CRAA Board of Directors Meeting · 2019-05-24 · CRAA Board of Directors Meeting Columbus Regional Airport Authority May 28, 2019 John Glenn Columbus International Airport 4600 International

CRAA Board of Directors Meeting

Columbus Regional Airport Authority

May 28, 2019

John Glenn Columbus International Airport

4600 International Gateway

Board Room

Columbus, OH, 43219

Board Meeting Agenda Tuesday, May 28, 2019 at 4:00 p.m. | Board Room

I) Call to Order .......................................................................................W. Heifner

II) Approval of April 23, 2019 Minutes

III) Committee Reports

• Air Service & Customer Experience ............................................. T. Williams

• Business Development & Logistics ................................................. E. Kessler

• Facilities & Services ....................................................................... P. Chodak

• Finance & Audit ................................................................................ J. Miller

• Human Resources ............................................................................. D. Casto

IV) President & CEO Report ..................................................................... J. Nardone

V) Air Service & Customer Experience Presentation

VI) Other Business

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BOARD OF DIRECTORS | MEETING MINUTES OF APRIL 23, 2019 Present: William R. Heifner, Chair

Jordan A. Miller Jr., Vice Chair Frederic Bertley Don M. Casto III Karen J. Morrison Terrance Williams

Absent: Paul Chodak III Elizabeth P. Kessler Susan Tomasky

CRAA Executive Staff: Joseph R. Nardone, C.M., President & Chief Executive Officer Tory Richardson, A.A.E., Executive Vice President & Chief Operating Officer

Randy Bush, Chief Financial Officer Amanda Wickline, General Counsel & Chief Administrative Officer Casey Denny, Chief Asset Officer Shannetta Griffin, Chief Development Officer David Whitaker, Chief Commercial Officer

CRAA Staff: J. Aldergate, S. Bell, E. Dresbach, K. Easterday, J. Gardner, C. Goodwin, R. Gray, T. Henson,

J. Lizotte, J. Pemberton, C. Price, B. Sarkis, K. Shirer, P. Streitenberger, A. Tabor

Others Present: Chris Burrows, CBI Tony Core, Squire Patten Boggs Tim Feran, The Columbus Dispatch Chris Franzmann, Squire Patten Boggs Kevin McPeek, PFM Tim Strack, Woolpert

Jim Thompson, Port Columbus Historical Society

CALL TO ORDER

Chair Heifner called the meeting of the Columbus Regional Airport Authority Board of Directors to order at 4 p.m. Tuesday, April 23 2019.

MINUTES

Chair Heifner asked if there were any additions or corrections to the minutes of the March 26, 2019, meeting. Hearing none, Williams moved for approval; Morrison seconded. Motion passed.

COMMITTEE REPORTS

Air Service and Customer Experience Committee:

Williams reported the committee had not met since the last Board meeting; however, the quarterly report on current CRAA initiatives for the Board was emailed April 11, 2019. Williams encouraged comments from Board members on the report in an effort to make the report more meaningful for their use. Heifner shared the report was both informative and helpful. The committee’s next meeting is May 28, 2019.

Business Development and Logistics Committee:

Casto reported the committee had not met since the last Board meeting and that the committee’s next meeting is April 29, 2019.

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Facilities and Services Committee:

Williams reported the committee met on April 17, 2019 and discussed the following:

• Update to major capital projects report: CONRAC, utility corridor, escalators, LCK MOS, de-ice pad and Residence Inn.

• Capital updates-2019/2020. • Reviewed and discussed resolutions 26-31, to come before the Board. • The next Facilities and Services Committee meeting is May 22, 2019.

Finance and Audit Committee:

Miller reported the committee met prior to the Board meeting and discussed the following:

• Bush provided an overview of the March financial statements. • Bush provided an update on the bond sale. • 2018 Audit Results were presented. • Bush shared rating reports are now on the portal under the news section.

Human Resources Committee:

Casto reported the committee had not met since the last Board meeting and that the committee’s next meeting is June 25, 2019.

President & CEO Report

Nardone provided brief remarks on the April President’s Report as documented in the agenda, which may be obtained online:

https://columbusairports.com/about-us/leadership-team/craa-board-of-directors/craa-board-meetings-and-minutes

Nardone recognized Christina Price, CRAA Executive Administrator, for her effort in making sure the CRAA travel policy supports CMH & LCK non-stop flights, just as we ask those in our community to do. Christina was also recognized as part of the team that worked on the bond rating effort.

RESOLUTIONS VOTE

RESOLUTION #26-19 of the Columbus Regional Airport Authority authorizing a three year management agreement with Aero Management Group to provide fixed-base operator (FBO) management and other airport services at Bolton Field Airport in the estimated amount of $631,000 per year.

MOVED: J. Miller; SECONDED: F. Bertley YEA: 6 NAY: _____ ABSTAIN: ______________

RESOLUTION #27-19 of the Columbus Regional Airport Authority authorizing a contract in the amount of $242,371 with Twist Aero for the replacement of three (3) pre-conditioned air units at John Glenn Columbus International Airport.

MOVED: D. Casto; SECONDED: T. Williams YEA: 6 NAY: _____ ABSTAIN: ______________

RESOLUTION #28-19 of the Columbus Regional Airport Authority to establish task orders pursuant to the existing master agreement with Moody. Nolan LLC, in an amount of $274,269 for on-call architectural services for projects #17048 – Extended Stay Hotel – Residence Inn, #18040 Environmental Branding, #19021 AFM Improve – Admin Bldg. Remodel, And #13055 – Curb Front Improvements at John Glenn Columbus International Airport.

MOVED: F. Bertley; SECONDED: J. Miller YEA: 5 NAY: _____ ABSTAIN: W. Heifner

RESOLUTION #29-19 of the Columbus Regional Airport Authority to authorize GMP amendment #5 to the contract with Turner Construction Company in the amount of $62,726,991 for project #9911b, the consolidated rental car facility at John Glenn Columbus International Airport.

https://columbusairports.com/about-us/leadership-team/craa-board-of-directors/craa-board-meetings-and-minutes

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MOVED: D. Casto; SECONDED: T. Williams YEA: 6 NAY: _____ ABSTAIN: ______________

RESOLUTION #30-19 of the Columbus Regional Airport Authority authorizing the purchase of licenses and professional services from Cornerstone Ondemand, Inc., in the amount of $200,000 to complete implementation of CRAA’s talent management software.

MOVED: F. Bertley; SECONDED: K. Morrison YEA: 6 NAY: _____ ABSTAIN: ______________

RESOLUTION #31-19 of the Columbus Regional Airport Authority authorizing a contract in the amount of $259,495 with Communications Design Group, Inc., for the purchase of eighty-eight (88), 7-800 MHZ radios, project # 19013, for use at John Glenn Columbus International, Rickenbacker International, and Bolton Field airports.

MOVED: T. Williams; SECONDED: K. Morrison YEA: 6 NAY: _____ ABSTAIN: ______________

RESOLUTION #32-19 of the Columbus Regional Airport Authority repealing and replacing the bylaws of the Columbus Regional Airport Authority.

MOVED: D. Casto; SECONDED: J. Miller YEA: 6 NAY: _____ ABSTAIN: ______________

EXECUTIVE SESSION

Heifner motioned for an executive session, pursuant to Ohio Revised Code 121.22(G)(3) and (6), to conference with an attorney for the authority and to discuss our cyber security program. Heifner noted that these are two separate and unrelated matters to discuss.

In addition to the Board members, Heifner moved that the CRAA Executive Staff, Jim Lizotte, Eric Dresbach, Tracy Henson, Jenny Gardner, and the representatives from CBI to remain for the executive session and all others present be excused from the room until the Board reconvenes regular session. Miller seconded the motion.

Heifner took a roll call vote and moved into executive session at 4:30 p.m. to discuss the cyber security program. Lizotte, Dresbach, and the CBI representative completed the first session at 4:55 p.m. and exited the boardroom. At 5:00 p.m., Heifner left the session turning the meeting over to Miller. The second topic of the session, to conference with an attorney, began at 5 p.m., with Peter Kirsch joining via conference call.

Miller motioned to reconvene; Casto seconded. Miller took a roll call vote ending the executive session at 5:37 p.m. and reconvening the regular session. No actions were taken and no decisions were made in executive session.

Into Executive Session To Reconvene Business

Board Member: Yea Nay Abstain Yea Nay Abstain

Frederic Bertley X X Don M. Casto, III X X William R. Heifner X Absent Jordan A. Miller X X Karen J. Morrison X X Terrance Williams X X

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OTHER BUSINESS

With no further business brought before the Board, Casto motioned to adjourn; Williams seconded; Vice Chair Miller adjourned the meeting at 5:38 p.m. Tuesday, April 23, 2019.

Respectfully submitted,

Joseph R. Nardone, C.M. Secretary JRN | tlh

FINANCIAL STATEMENTS April 30, 2019

Respectfully Submitted Randy Bush, CPA, CIA Chief Financial Officer

Unaudited for internal purposes

1

Financial statements set forth are unaudited.

REVENUE ACTUAL BUDGET VARIANCE % ACTUAL VARIANCE

PARKING $14,398 $13,276 $1,122 8.5% $12,962 $1,436

AIRLINES 12,156 12,432 (276) -2.2% 11,227 929

GROUND TRANSPORTATION 4,597 3,960 637 16.1% 3,770 827

CONCESSIONS & MISC LESSEES 3,277 3,158 119 3.8% 3,136 141

AIR FREIGHT 2,776 2,501 275 11.0% 2,242 534

HOTEL 1,510 1,528 (18) -1.1% 1,478 32

GENERAL AVIATION 1,196 1,164 32 2.8% 1,161 35

GROUND HANDLING FEES 1,388 1,588 (200) -12.6% 1,166 222

FOREIGN TRADE ZONE 290 300 (10) -3.3% 320 (30)

INTERMODAL LIFT FEES 330 330 - - 335 (5)

OTHER INCOME 223 177 46 25.9% 172 51

$42,141 $40,414 $1,727 4.3% $37,969 $4,172

EXPENSESSALARIES & WAGES $10,056 $10,486 $430 4.1% $10,168 $112

BENEFITS & PERSONNEL 3,266 3,478 212 6.1% 2,813 (453)

SUPPLIES & MATERIALS 2,042 2,066 24 1.2% 1,954 (88)

SERVICES 8,147 8,512 365 4.3% 8,102 (46)

HOTEL SERVICES 840 870 30 3.4% 819 (21)

CONTRACT LABOR FBO/GSE 774 874 100 11.4% 701 (72)

CONTRACT LABOR OTHER 3,070 3,255 185 5.7% 3,148 78

OTHER EXPENSES - - - - - -

$28,195 $29,541 $1,346 4.6% $27,705 ($490)

OPERATING INCOME BEFORE DEPRECIATION

$13,946 $10,873 $3,073 28.3% $10,264 $3,682

CRAA Operating Revenue & ExpensesFor the Period Ending April, 30, 2019

($ In Thousands)

MANAGEMENT COMMENTS

2019 2018 CURRENT YEAR BUDGET VARIANCE:REVENUE

Total Operating Revenue has a positive budget variance of $1,727.

PARKING - $1,122The favorable variance is due to increased utilization of the Garage, Blue Lot, and Green Lot as a result of higher enplanements.

AIRLINES- ($276)The unfavorable variance is due to a decrease in Space Rental revenues as a result of budgeting higher terminal rental rates than the actuals.

GROUND TRANSPORTATION - $637The favorable variance is due to higher TNC revenues compared to budget.

CONCESSIONS & MISC LESSEES - $119The favorable variance is due to an increase in Gift shop and Newsstand revenue compared to budget.

AIR FREIGHT - $275The favorable variance is due to an increase in fuel into plane fees as a result of an increase in cargo charter flights.

GROUND HANDLING FEES - ($200)The unfavorable variance is due to fewer scheduled flights as a result of the Chinese New Year and China Air pilot strike, as well as Allegiant requiring less deicing than was budgeted. This was partially offset by an increase in cargo charter flights.

EXPENSES

Total Operating Expenses have a positive budget variance of $1,346.

SALARIES & WAGES - $430The favorable variance is a result of vacant positions that were budgeted for the year that haven't been filled yet as well as decreases in overtime and PTO expenses.

BENEFITS & PERSONNEL - $212The favorable variance is a result of vacant positions anticipated to utilize health insurance and OPERS.

SERVICES - $365The favorable variance is due to the timing of spend for Equipment Maintenance and Rental, Professional Services, and Advertising and Marketing. These are partially offset by an increase in spend for Parking Services related to contracted snow removal.

CONTRACT LABOR FBO/GSE - $100The favorable variance is due to several contract labor positions budgeted that haven't been utilized yet as well as a decrease in Ground Handling services, which would decrease the need for contracted labor.

CONTRACT LABOR - $185The favorable variance is due to a decrease in ARFF Services expenses as a result of budgeting a higher increase in security costs than the actuals.

2


3/31/2019 3/31/2018 Variance

AVIS $2,917 $3,227 ($310)BUDGET 1,989 1,977 12DOLLAR 750 857 (107)

THRIFTY 930 965 (35)ENTERPRISE 3,181 3,618 (437)

HERTZ 3,542 3,831 (289)NATIONAL 3,712 3,344 368

ALAMO 1,098 312 786

TOTAL $18,119 $18,131 ($12)Reported 1 month in arrears.

Reported through pay period ending 4/20/19.

For the Period Ending April, 30, 2019($ In Thousands)

Gross Receipts Number of Transactions

COLUMBUS REGIONAL AIRPORT AUTHORITY

RENTAL CAR ACTIVITY (Year over Year / Year to Date)

COMPOSITION OF OPERATING REVENUE (Current Year Percentage)

CRAA SALARIES & WAGES (LCK & CMH)

COMPOSITION OF OPERATING EXPENSES (Current Year Percentage)

UTILITY COSTS (Year over Year / Year to Date)

Filled 385

Part Time7

Full Time31

Seasonal 2

Vacant 40

Head Count

SALARIES & WAGES35.8%

BENEFITS & PERSONNEL

11.6%

SUPPLIES & MATERIALS7.2%

SERVICES28.9%

HOTEL SERVICES3.0%

CONTRACT LABOR FBO/GSE

2.0%

CONTRACT LABOR OTHER11.5%

AIR FREIGHT6.5%OTHER INCOME

2.0%

AIRLINES28.8%

CONCESSIONS & MISC LESSEES

7.8%

GENERAL AVIATION2.8%

GROUND HANDLING FEES3.3%

GROUND TRANSPORTATION10.9%

HOTEL3.6%

PARKING34.3%

$676 $608

Actual Budget

Overtime

$1,298

$1,379

$1,479

$1,497

$1,513

2016A

2017A

2018A

2019B

2019A

42,491

40,432 41,183

43,430

March

110,443 108,215 108,564

113,983

Year to Date

2019

2018

2017

2016

3


VarianceREVENUE ($18)

EXPENSES 30Net Operating Income $12

Occupied 217,833Actual $23,853

Air Cargo - 4760 18,000Air Cargo - 4750 9,000

Budget $21,996 Vacant 27,000

Variance $1,857 Total 244,833

% of Total Revenue 66.6% % Occupied 89%

NON-AIRLINE REVENUE

870$670 $658

Reported 1 month in arrears.

JOHN GLENN COLUMBUS GATES

840

Statistical Results are reported 1 month in arrears.

(Square Feet)

LEASABLE LANDSIDE BUILDINGS

$1,528


For the Period Ending April, 30, 2019($ In Thousands)

Budget

JOHN GLENN INTERNATIONAL

HOTEL OPERATIONS EXPENSES BY COST CENTER

Actual$1,510

80.8% 78.6%

Actual Budget

Occupancy Rate

$95.82 $97.52

Actual Budget

Revenue Per Available Room

$118.62 $124.05

Actual Budget

Average Daily Rate

$3,795

$688

$5,003

$3,908

$1,112

$8,449

$4,173

$725

$5,149

$3,651

$1,124

$9,159

Airfield

Apron

Terminal

Prkg./GroundTrans.

Leased Properties

G&A Support

Actual

Budget

AMERICAN 7

ALASKA1

DELTA6

FRONTIER1 SOUTHWEST

5SPIRIT

1

UNITED3

UNLEASED7

Gate Inventory

TOTAL31

352 303

13 93

359

26

674

336

- 23

283

24

YTD Use of Unleased Gates2019 2018

4


Revenue Actual Budget Variance Actual VarianceAviation - Business Services $2,506 $2,516 ($10) $1,971 $535Aviation - Public Airport 2,220 2,138 82 2,027 193Aviation - Airside Buildings 480 441 39 389 91Real Estate 871 941 (70) 898 (27)Indirect 4 4 - 4 -

Total 6,081 6,040 41 5,289 792

ExpensesAviation - Business Services 1,678 1,904 226 1,511 (167)Aviation - Public Airport 1,924 2,055 131 1,869 (55)Aviation - Airside Buildings 342 304 (38) 487 145Real Estate 178 244 66 224 46Indirect 764 806 42 840 76

Total 4,886 5,313 427 4,931 45

Actual Budget VarianceGROUND FUEL EVENT FEES

UNLEADED $4,220 $4,543 ($323)DIESEL 35,170 39,562 (4,392) Occupied 289,435

$39,390 $44,105 ($4,715)FUEL INTO PLANE FEES Air Cargo - 7200 7,800

CARGO $585,558 $389,705 $195,853 Air Cargo - 7280 24,000PASSENGER $35,775 44,715 (8,940) Star Check - 7250 66,650

$621,333 $434,420 $186,913 Vacant 98,450NUMBER OF AIRCRAFT TURNS

CARGO 323 354 (31) Total 387,885PASSENGER 277 252 25

600 606 (6)AVIATION RETAIL FUEL SALES (GALLONS)

JET A 163,280 25,000 138,280AVGAS 2,076 2,167 (91)

165,356 27,167 138,189


FBO OPERATIONS

RICKENBACKER OPERATING INCOME2019

Net Operating Income $1,195 $727 $468 $358 $837

LEASABLE LANDSIDE BUILDINGS

% Occupied

(Square Feet)

75%

RICKENBACKER INTERNATIONALFor the Period Ending April, 30, 2019

($ In Thousands)

2018

5


ASSETS 4/30/2019 12/31/2018 VARIANCE

CASH & CASH EQUIVALENTS $197,040 $189,821 $7,220 UNRESTRICTED FUNDS: % of Total

ACCOUNTS RECEIVABLE, NET 16,198 16,201 (3) REVENUE FUND $21,076 10.70%

INVENTORY & PREPAIDS 4,059 3,723 337 GENERAL PURPOSE FUND 63,690 32.32%

LAND, PROPERTY & EQUIPMENT, NET 754,939 760,545 (5,607) O&M/R&R FUND 12,726 6.46%

DEPOSITS, DEFERRED OUTFLOWS 9,187 9,187 - HOTEL ESCROW FUND 995 0.51%

SECURITY DEPOSIT FUND 445 0.23%

98,932 50.21%LIABILITIES RESTRICTED FUNDS:

CURRENT LIABILITIES: PASSENGER FACILITY FUND 35,993 18.27%

ACCOUNTS PAYABLE $8,931 $10,452 ($1,521) RENTAL CAR FACILITY FUND 59,760 30.33%

REVOLVING CREDIT FACILITY 9,659 9,659 - BOND DEBT SERVICE FUND 1,027 0.52%

ACCRUED EXPENSES 18,532 20,626 (2,094) RETAINAGE DEPOSIT FUND 1,329 0.67%

UNEARNED INCOME, DEFERRED INFLOWS 10,773 10,673 100 98,108 49.79%

LONG-TERM LIABILITIES: TOTAL CASH $197,040REVENUE BONDS 67,653 71,017 (3,363) UNFUNDED PENSION LIABILITY 26,577 26,577 - UNFUNDED OPEB LIABILITY 20,006 20,006 -

TOTAL LIABILITIES & DEFERRED INFLOWS 162,131 169,010 (6,878)NET POSITIONNET POSITION - BEGINNING OF YEAR 810,467 785,278 25,189

INCREASE (DECREASE) IN NET POSITION 8,825 25,189 (16,364)

NET POSITION - END OF PERIOD 819,292 810,467 8,825

Financial Institution Outstanding Balance 2019 Approved Capital Budget $110,108

Revolving Credit Facility (80% LIBOR +45 bppa) Bank of America 9,659$ Total Cash Expenditures to Date $11,179Long-Term Debt % of Approved Capital Budget 10%CMH Revenue Bonds:

Series - 2013 (Mat. 2021, 1.66%) Key Bank 5,085 Total Accrued Expenditures to Date $10,788Series - 2015 (Mat. 2030, 2.48%)

Huntington National Bank 31,752 % of Approved Capital Budget 10%

Series - 2016 (Mat. 2023, 1.62%) Key Bank 30,816 67,653 Total Baseline to Date $31,968

34%Revolving Credit Facility & Debt 77,312$

% of Accrued Expenditures to Baseline to Date

CASH BALANCES

Statement of Net Position Analysis

($ In Thousands)For the Period Ending April, 30, 2019

CAPITAL EXPENDITURES

$981,423 $979,477 $1,947

$981,423 $979,477 $1,947TOTAL ASSETS & DEFERRED OUTFLOWS

TOTAL LIABILITIES, DEFERRED INFLOWS & NET POSITION

DEBT STRUCTURE

428

365

657

Days Unrestricted Cash onHand

Board & Airline Approved

Moody's Average*

Unrestricted Cash on Hand (Days)

*Benchmark from Moody's 2017 Airport Medians Report for a Med. Hub airport.

$15.80

$62.55

CRAA Moody'sAverage*

Debt Per Enplaned Passenger

*Benchmark from Moody's 2017 Airport Medians Report for a Med. Hub

airport.

Unaudited for internal purposes

April 30, 2019

PARKING & GROUND TRANSPORTATION OPERATING REVENUE & EXPENSES

Financial Statements set forth are unaudited.

Operating Revenue Actual Budget Variance % Actual Budget Variance % Actual Variance %Parking Garage 1,716,738$ 1,643,340$ 73,398$ 4.5% 6,961,203$ 6,428,292$ 532,911$ 8.3% 6,050,432$ 910,771$ 15.1% Blue Lot 629,646 632,140 (2,494) -0.4% 2,484,921 2,330,579 154,342 6.6% 2,329,875 155,046 6.7% Red Lot 498,738 501,757 (3,019) -0.6% 1,809,470 1,743,992 65,478 3.8% 1,726,691 82,779 4.8% Employee Lot 68,157 64,994 3,163 4.9% 424,910 389,976 34,934 9.0% 395,476 29,434 7.4% Rickenbacker 125,504 89,342 36,162 40.5% 347,781 290,887 56,894 19.6% 374,808 (27,027) -7.2% Green Lot 270,428 245,348 25,080 10.2% 987,625 851,094 136,531 16.0% 851,085 136,540 16.0% Walking Lot 71,118 68,099 3,019 4.4% 258,947 192,773 66,174 34.3% 176,825 82,122 46.4%

Parking Subtotal 3,380,329 3,245,020 135,309 4.2% 13,274,857 12,227,593 1,047,264 8.6% 11,905,192 1,369,665 11.5% Valet Parking 208,797 221,459 (12,662) -5.7% 905,695 837,370 68,325 8.2% 830,078 75,617 9.1% Off-Site Parking 63,655 46,334 17,321 37.4% 203,745 185,336 18,409 9.9% 198,423 5,322 2.7% Hotel Parking 2,312 6,406 (4,094) -63.9% 13,556 25,623 (12,067) -47.1% 28,469 (14,912) -52.4%

Parking Total 3,655,093 3,519,219 135,875 3.9% 14,397,853 13,275,922 1,121,932 8.5% 12,962,161 1,435,692 11.1%Ground Transportation Rental Cars 768,401 881,096 (112,695) -12.8% 3,164,522 3,213,287 (48,765) -1.5% 3,306,056 (141,533) -4.3% Transportation Network Companies 363,671 242,107 121,564 50.2% 1,141,955 517,276 624,679 120.8% 322,074 819,881 254.6% Taxi 48,672 43,000 5,672 13.2% 154,542 106,000 48,542 45.8% - - - Commercial Access 43,884 45,003 (1,119) -2.5% 135,620 123,012 12,608 10.2% 87,640 47,980 54.7%

Ground Transportation Total 1,224,628 1,211,206 13,422 1.1% 4,596,639 3,959,575 637,064 16.1% 3,715,770 726,327 19.5%4,879,721$ 4,730,424$ 149,297$ 3.2% 18,994,492$ 17,235,497$ 1,758,996$ 10.2% 16,677,931$ 2,162,019$ 13.0%

Operating Expenses Garage 109,642 117,721 8,080 6.9% 566,711 494,622 (72,089) -14.6% 760,656 193,945 25.5% Blue Lot 116,951 123,189 6,238 5.1% 488,664 506,488 17,824 3.5% 576,100 87,436 15.2% Red Lot 105,617 94,651 (10,966) -11.6% 421,090 384,715 (36,375) -9.5% 408,721 (12,369) -3.0% Employee Lot 55,928 72,831 16,903 23.2% 267,197 288,962 21,766 7.5% 268,493 1,297 0.5% Rickenbacker 7,833 5,945 (1,888) -31.8% 143,828 79,510 (64,318) -80.9% 94,227 (49,601) -52.6% Green Lot 98,295 56,110 (42,185) -75.2% 331,140 241,840 (89,299) -36.9% 331,658 518 0.2% Ground Transportation 79,298 114,283 34,985 30.6% 399,333 450,148 50,815 11.3% 436,127 36,794 8.4% Valet Parking 96,982 89,936 (7,046) -7.8% 375,353 375,041 (312) -0.1% 334,068 (41,285) -12.4% Walking Lot 6,966 3,173 (3,793) -119.5% 30,754 17,696 (13,058) -73.8% 34,059 3,305 9.7% Taxi 35,287 40,451 5,164 12.8% 118,213 165,197 46,984 28.4% - (118,213) -

712,797$ 718,290$ 5,493$ 0.8% 3,142,282$ 3,004,221$ (138,060)$ -4.6% 3,244,109$ 101,827$ 3.1%

Net Income 4,166,925$ 4,012,135$ 154,790$ 3.9% 15,852,211$ 14,231,276$ 1,620,935$ 11.4% 13,433,822$ 2,418,388$ 17.0%

Total Operating Revenue has a positive budget variance of $1,759.

GARAGE - $533

BLUE LOT - $154

GREEN LOT - $137

VALET - $68

TRANSPORTATION NETWORK COMPANIES - $625

Total Operating Expenses have a negative budget variance of $138.

GARAGE - ($72)

RICKENBACKER - ($64)

GREEN LOT - ($89)

TAXI - $47

CURRENT YEAR BUDGET VARIANCE:

The variance in long-term garage parking is due to the rate increase which was only budgeted at $2 for the first day of parking. There is also an increase in enplanements for April due to Spring Break travelers. There were 3 instances of the garage closing during April.

The variance is due to an increase in the number of tickets collected compared to budget, 59,843A v. 32,371B . Additionally, the average occupancy rate increase for the uncovered section is a 9% increase compared to the prior year.

The variance is due to an increase in the average occupancy rate of 11% compared to prior year as well as the number of tickets collected compared to budget, 36,057A v. 20,479B, as a result of an increase in enplanements.

The variance is the result of a new operation and unknown cost of expenses for the budget.

The variance is the result of an increase in the average occupancy rate of 6% compared to prior year due to overflow parkers utilizing valet services due to an increase in garage closures in March and April.

The variance is due to a $4 rate increase for drop-offs and a $1 increase in pick-ups which is not reflected in the budget until April. It is also the result of increased enplanements.

The variance is the result of an increase in contracted snow services of ($25), credit card fees of ($24), revenue control of ($17) and payroll costs of ($10).

The variance is the result of higher than anticipated snow removal expenses.

The variance is the result of higher than anticipated snow removal expenses of ($56), payroll costs of ($25), and truck repair & maintenance of ($10),

PARKING & GROUND TRANSPORTATION OVERVIEW

April-19 2019 Year to Date 2018 Year to Date

MANAGEMENT COMMENTS

Financial Statements set forth are unaudited.

CURRENT YEAR PRIOR YEAR

Total Spaces Daily RateAverage

Length of Stay

Average Length of

StayGarage Long-Term 2,975 $20.00 1d 21h 1d 21hGarage Short-Term 274 $30.00 5h 31m 4h 59m

Blue Lot Covered 235 $10.00 4d 14h 4d 13hBlue Lot Uncovered 3,127 $9.00 3d 21h 3d 20h

Green Lot 2,130 $5.00 4d 14h 4d 15hRed Lot 2,686 $7.00 4d 10h 4d 9h

Rickenbacker 905 $7.00 3d 11h 2d 15hWalking Lot 294 $13.00 2d 11h 2d 10h

Valet Parking 625 $24.00 2d 6h 2d 7h

2019 2018 Total number of Actual tickets collected: 98,351

Total number of tickets collected: 362,734 312,218 Total number of Budget tickets collected: 99,109

CRAA PARKING LOT STATISTICAL INFORMATIONFor the Period Ended April 30, 2019

Current Year to Date v. Prior Year to Date Current Month Actual v. Current Month Budget

COMPOSITION OF PARKING REVENUE Current Year to Date Percentage AVERAGE TICKET FEE

*Covered & Uncovered Blue Lots are combined. *Covered & Uncovered Blue Lots are combined.

NUMBER OF REVENUE TICKETS COLLECTED

AVERAGE OCCUPANCY

Current Month v. Prior Year Month

Garage LT Garage ST Blue Lot* Green Lot Red Lot Rickenbacker Walking Lot Valet Lot2019B $44.68 $12.21 $40.22 $25.77 $35.09 $23.63 $35.32 $69.922019A $48.06 $12.18 $39.74 $25.50 $34.75 $30.53 $39.48 $71.322018A $42.75 $10.21 $40.22 $25.77 $35.09 $23.64 $33.29 $69.92

30,989

17,783 15,709

10,602

14,349

4,110

1,802 3,007

31,566

17,487 15,713

9,521

14,300

5,457

1,928 3,137

Garage LT Garage ST Blue Lot Green Lot Red Lot Rickenbacker Walking Lot Valet Lot

Actual

Budget

118,686

67,248

59,843

36,057

50,312

11,621

6,436

12,531

88,989

52,728

56,712

31,228

49,586

15,735

5,680

11,560

Garage LT

Garage ST

Blue Lot

Green Lot

Red Lot

Rickenbacker

Walking Lot

Valet Lot

2019A

2018A

Garage - Long Term 42.4%

Garage - Short Term 6.6%

*Blue Lot 17.5%

Red Lot 12.8%

Employee Lot 3.0%

Rickenbacker 2.5%

Green Lot 7.0%

Walking Lot 1.8%

Valet Parking 6.4%

60%

143%

57%54% 34%

82%

104%

51%

47%

68%

48%

68%63%

30%

77%59%

58%

41%

2018 2019

May 2019

1

President & CEO Report May 2019 Passenger Air Service New routes to launch in June Next month three new routes launch from Columbus, all to destinations previously unserved.

• United’s daily nonstop service to San Francisco, CMH’s largest unserved market, begins June 7.

• Also on June 7, Allegiant will launch their twice-weekly service to Charleston from the Rickenbacker Passenger Terminal.

• Shortly thereafter Delta’s nonstop service to Salt Lake City begins. These flights will operate 5-6 times a week.

Air Cargo Service Rickenbacker continues to receive attention from prospective business partners with a high level of interest in the airport and region. In June Business Development Manager Bryan Schreiber will travel to Germany to attend a global conference and trade show that is among the industry’s largest. Bryan will also meet with European-based cargo companies and visit specialized handling facilities at the Frankfurt airport with a business partner that CRAA has been working with to expand our capabilities at LCK. Foreign-Trade Zone 138 Data for the FTZ Board’s 2018 annual report has been submitted. Total merchandise received in FTZ 138 for 2018 increased to $10.4 billion from $9.25 billion in 2017. On April 30, Ascena Retail Group “activated” – the final step in the FTZ process – its distribution center in Etna Township and on May 10 Designer Brands (formerly DSW, Inc.) activated its site on Fifth Avenue. FTZ 138 now includes 15 companies operating 17 active sites. Concessions The Quarterly Concessions Report shows gross revenues from advertising, retail, and food and beverage through 1Q are up 8.7 percent while net revenues are up 6.1 percent. The Quarterly Rental Car Report shows gross and net revenues through the first quarter are each down 0.1 percent. CFC collections are up 3.1 percent and rental car transaction days are up 3.9 percent. Customer Experience Facing Take-Off Workshop Our second quarter Facing Take-Off workshop was held on Saturday April 27. The workshop is a first step approach to overcoming flight anxiety. The workshop is in partnership and co-presented with Nationwide Children’s Hospital and The Ohio State University. We had 20 participants and the workshop was an overwhelming success. Two more workshops are planned for 2019, one in August and the other in October.

2

Wheels Up! Traveling with Disabilities Program Through our partnership with OhioHealth Outpatient Neurological Rehabilitation, we delivered our “Wheels Up! Traveling with Disabilities Program” to eight individuals on May 14. This program is a re-introduction to flying, with a focus on the airport security screening processes. The goal is to assist patients through their recovery process as they resume day-to-day activities. ASAE Conference Team The customer service team established a cross-functional airport team to meet at regular intervals as we prepare to create a positive and welcoming experience for ASAE conference attendees in August. General Updates Rickenbacker Grant Funding US Secretary of Transportation Elaine Chao awarded $15M to Rickenbacker International Airport for upgrades to one of the primary runways to align with a projected tenfold increase in cargo activity increase over the next 20 years. The grant is part of the Bipartisan Budget Act of 2018 that made available an additional $1.5 billion in supplemental airport improvement funding to U.S. airports. Our central Ohio congressional delegation supported this Act. The funding is in addition to the $3.31 billion awarded in Airport Improvement Program (AIP) funding during fiscal year 2018, and $205 million awarded in the first round of supplemental funding in September 2018. From the two rounds of funding allocation, Rickenbacker was one of three airports in Ohio that received supplemental funding. Out of the total 164 airports that were awarded funding, Rickenbacker received one of the largest awards.

• Rickenbacker: $15 million (awarded in Round 2) • Akron-Canton: $4.7 million (awarded in Round 1) • Henry County (Napoleon, OH): $1.9 million (awarded in Round 2)

Rickenbacker received its first AIP grant funding in 1985 and CMH received its first grant in 1982. Based on historical information this is the largest single FAA AIP grant ever received for both airports. Congratulations to all the individuals who were responsible for developing this significant award grant application, led by our airport planning staff. Bolton Field Event On May 4, approximately 60 Bolton Field t-hangar tenants attended a bar-b-que event that included an announcement of the new FBO management agreement.

3

Marketing & Communications Consumer mindset discovery project to shape future marketing efforts The team is wrapping up a multi-month effort to understand the consumer mindset of John Glenn International customers as it relates to learning about and choosing flights, parking and transportation services, dining and other airport services. The goal is to understand the functional and emotional decision-making process (motivations, inhibitors and psychographic traits) that influence mindset and purchase patters. The findings from this study, which included e-surveys, focus groups and phone interviews, will be used to ensure future marketing and engagement efforts resonate with and positively influence customer behavior. Insights into operational opportunities are also expected to arise from study findings, which will be presented to CRAA staff in late May. Whirlpool to conduct benchmarking visit Communications team members from Whirlpool Corporation’s Marion, OH plant will conduct a benchmarking visit with the CRAA Marketing & Communications department on May 22. Whirlpool selected us based on our team’s ability to communicate clear and concise messaging daily to thousands of customers of varying backgrounds. We are honored to discuss our efforts in digital communications, visual graphics, internal communications and more while also tapping into their expertise. Government Affairs State of Ohio Operating Budget, HB 166 CRAA continues to actively support and work with our community and business partners to request the following amendments be included in this legislation, which needs to be passed by the legislature by June 30:

• Creation of a $15M Air Service Development Fund • Modernization of the Ohio Airport Grant Program • Creation of an aviation-focused student revolving loan fund

April 2019

5/28/2019

PASSENGERS

Airline 2019 2018 Actual Change

Percent Change 2019 2018 Actual

ChangePercent Change

Air Canada Express 4,953 4,905 48 1.0% 19,292 20,316 -1,024 -5.0%

Alaska 7,428 - 7,428 - 13,868 - 13,868 -

American 164,118 154,015 10,103 6.6% 619,703 583,623 36,080 6.2%

Delta 148,883 141,627 7,256 5.1% 534,125 507,837 26,288 5.2%

Frontier 9,072 15,490 -6,418 -41.4% 32,772 61,867 -29,095 -47.0%

Southwest 240,107 241,820 -1,713 -0.7% 922,488 920,422 2,066 0.2%

Spirit 43,457 33,448 10,009 29.9% 168,915 89,133 79,782 89.5%

United 85,878 73,748 12,130 16.4% 321,917 275,152 46,765 17.0%

AIRLINES TOTALS 703,896 665,053 38,843 5.8% 2,633,080 2,458,350 174,730 7.1%

CHARTER TOTALS 3,289 4,562 -1,273 -27.9% 16,367 17,430 -1,063 -6.1%

AIRPORT TOTALS 707,185 669,615 37,570 5.6% 2,649,447 2,475,780 173,667 7.0%

CARGO




Alaska 11,225 - 11,225 - 11,225 - 11,225 -

American 157,681 181,081 -23,400 -12.9% 635,937 726,165 -90,228 -12.4%

Delta 176,782 165,140 11,642 7.0% 678,866 631,325 47,541 7.5%

Southwest 407,392 453,904 -46,512 -10.2% 1,562,189 1,445,531 116,658 8.1%

United 96,233 56,222 40,011 71.2% 391,455 151,297 240,158 158.7%

AIRLINES TOTALS 849,313 856,347 -7,034 -0.8% 3,279,672 2,954,318 325,354 11.0%

CARGO AIRLINES TOTALS 630 28,828 -28,198 -97.8% 35,682 97,901 -62,219 -63.6%

AIRPORT TOTALS 849,943 885,175 -35,232 -4.0% 3,315,354 3,052,219 263,135 8.6%

AIRCRAFT OPERATIONS




Air Canada Express 94 91 3 3.3% 373 380 -7 -1.8%

Alaska 30 - 30 - 56 - 56 -

American 1,244 1,249 -5 -0.4% 4,885 4,778 107 2.2%

Delta 922 889 33 3.7% 3,407 3,332 75 2.3%

Frontier 29 53 -24 -45.3% 109 220 -111 -50.5%

Southwest 1,035 1,039 -4 -0.4% 3,965 3,993 -28 -0.7%

Spirit 149 143 6 4.2% 574 377 197 52.3%

United 651 620 31 5.0% 2,502 2,450 52 2.1%

AIRLINES TOTALS 4,154 4,084 70 1.7% 15,871 15,530 341 2.2%

CHARTER TOTALS 71 118 -47 -39.8% 383 567 -184 -32.5%

CARGO AIRLINES TOTALS 2 9 -7 -77.8% 29 40 -11 -27.5%

AIRPORT TOTALS 4,227 4,211 16 0.4% 16,283 16,137 146 0.9%

Notes: Alaska Airlines service began March 7, 2019 Spirit Airlines service began February 15, 2018

Actual Landing Operations - Monthly Actual Landing Operations - Year to Date

Total Cargo (Freight and Mail) - Monthly Total Cargo (Freight and Mail) - Year-To-Date

JOHN GLENN COLUMBUS INTERNATIONAL AIRPORTMonthly Activity Report | April 2019

Total Passengers - Monthly Total Passengers - Year to Date

1

Notes:

Notes:

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total Growth2015 468,973 445,267 583,440 560,206 595,177 620,897 624,113 579,387 549,335 619,758 582,694 567,146 6,796,393 6.9%2016 497,271 495,819 630,788 581,346 652,145 689,135 678,292 616,346 616,726 648,764 628,585 588,963 7,324,180 7.8%2017 521,382 503,768 670,825 629,700 674,226 698,219 693,417 642,709 604,893 672,152 651,507 613,794 7,576,592 3.4%2018 530,032 543,607 732,526 669,615 717,395 750,992 745,838 699,986 648,452 728,884 708,006 666,323 8,141,656 7.5%2019 580,704 586,025 775,533 707,185 2,649,447

19 vs. 18 9.6% 7.8% 5.9% 5.6%

JOHN GLENN COLUMBUS INTERNATIONAL AIRPORTApril 2019

YE Peak Month YE Lowest Month

Prepared by the Business Development Division, Columbus Regional Airport Authority

Figures may not add up to 100% due to rounding

Figures may not add up to 100% due to rounding

400,000

450,000

500,000

550,000

600,000

650,000

700,000

750,000

800,000

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Total Passengers

2015 2016 2017 2018 2019

Air Canada0.7%

Alaska1.1%

American23.2%

Delta21.1%

Frontier1.3%

Southwest34.0%

Spirit6.1%

United12.1%

Other - (Charters)0.5%

Monthly by Passengers

Air Canada Express0.7%

Alaska0.5%

American23.4%

Delta20.2%Frontier

1.2%

Southwest34.8%

Spirit6.4%

United12.2%

Other - (Charters)0.6%

Year to Date by Passengers

2

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 73.1 79.0 81.3 78.8 81.7 83.8 81.7 76.6 76.4 81.4 78.4 78.02016 71.2 74.9 81.6 77.0 81.7 84.1 83.2 76.9 79.8 81.7 81.6 78.82017 71.6 75.1 83.7 80.9 83.3 85.0 83.2 78.4 79.2 83.6 83.1 80.72018 76.2 79.3 84.6 80.5 84.2 87.0 85.4 82.2 80.1 82.5 81.0 78.92019 73.7 80.4 83.0 79.3

Source: US Department of Transportation T-100 Data Survey supplemented with CRAA reports

Given lag with DOT data, values based on estimating the amount of inbound seats reported on airline landing reportsPrepared by the Business Development Division, Columbus Regional Airport Authority

JOHN GLENN COLUMBUS INTERNATIONAL AIRPORTApril 2019

*Values based on estimating the amount of inbound seats reported on airline landing reports

65.0

70.0

75.0

80.0

85.0

90.0

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

Historic Load Factor

2015 2016 2017 2018 2019

52.4%

83.7%79.0%

82.7%86.1%

76.4%79.7%

83.7%

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

Air Canada Alaska American Delta Frontier Southwest Spirit United

Estimated Load Factor*

3

5/28/2019

PASSENGERS




Allegiant Air 26,115 31,660 -5,545 -17.5% 76,454 95,083 -18,629 -19.6%

Miami Air - - 0 - 775 370 405 109.5%

Sun Country - - 0 - 151 - 151 -

Other Charters - - 0 - 1,657 371 1,286 346.6%

AIRPORT TOTALS 26,115 31,660 -5,545 -17.5% 79,037 95,824 -16,787 -17.5%

CARGO




AirBridgeCargo 3,157,203 1,634,074 1,523,129 93.2% 6,071,496 1,634,074 4,437,422 271.6%

Cargolux 3,181,749 4,275,507 -1,093,758 -25.6% 14,138,970 13,623,391 515,579 3.8%

Cathay Pacific 1,760,726 1,766,802 -6,076 -0.3% 7,276,095 8,311,449 -1,035,354 -12.5%

China Airlines 1,437,248 - 1,437,248 - 4,430,679 - 4,430,679 -

Emirates 2,205,196 2,651,696 -446,500 -16.8% 10,379,197 12,257,021 -1,877,824 -15.3%

Etihad 2,049,210 2,423,255 -374,045 -15.4% 8,763,610 9,175,064 -411,454 -4.5%

FedEx 7,111,987 7,003,526 108,461 1.5% 28,348,821 27,679,450 669,371 2.4%

UPS 2,153,731 2,167,496 -13,765 -0.6% 8,355,607 9,070,108 -714,501 -7.9%

Cargo Charters - Domestic 173,919 4,644 169,275 3645.0% 1,073,975 435,691 638,284 146.5%

Cargo Charters - International - 812,370 -812,370 -100.0% 6,599,728 2,700,814 3,898,914 144.4%

AIRPORT TOTALS 23,230,969 22,739,370 491,599 2.2% 95,438,178 84,887,062 10,551,116 12.4%

TOTAL DOMESTIC 9,439,637 9,175,666 263,971 2.9% 37,778,403 37,185,249 593,154 1.6%

TOTAL INTERNATIONAL 13,791,332 13,563,704 227,628 1.7% 57,659,775 47,701,813 9,957,962 20.9%

AIRPORT TOTALS 23,230,969 22,739,370 491,599 2.2% 95,438,178 84,887,062 10,551,116 12.4%

AIRCRAFT OPERATIONS




Allegiant Air 94 123 -29 -23.6% 261 348 -87 -25.0%

Miami Air - - 0 - 6 3 3 100.0%

Sun Country - - 0 - 1 - 1 -

Other Charters - - 0 - 15 5 10 200.0%

PASSENGER OPERATIONS TOTALS 94 123 -29 -23.6% 283 356 -73 -20.5%

AirBridgeCargo 9 4 5 125.0% 18 4 14 350.0%

Cargolux 17 17 0 0.0% 63 55 8 14.5%

Cathay Pacific 17 17 0 0.0% 63 66 -3 -4.5%

China Airlines 11 - 11 - 31 - 31 -

Emirates 13 15 -2 -13.3% 60 69 -9 -13.0%

Etihad 10 10 0 0.0% 40 41 -1 -2.4%

FedEx 135 137 -2 -1.5% 547 553 -6 -1.1%

UPS 43 40 3 7.5% 169 169 0 0.0%

Cargo Charters - Domestic 42 61 -19 -31.1% 193 241 -48 -19.9%

Cargo Charters - International - 6 -6 -100.0% 32 18 14 77.8%

CARGO OPERATIONS TOTALS 297 307 -10 -3.3% 1,216 1,216 0 0.0%

AIRPORT TOTALS 391 430 -39 -9.1% 1,499 1,572 -73 -4.6%

RICKENBACKER INTERNATIONAL AIRPORTMonthly Activity Report | April 2019




4

2015 10,791 8,809 14,238 13,100 12,496 18,504 20,857 18,318 11,836 11,020 12,411 13,871 166,251 82%2016 12,255 12,295 18,272 16,694 17,299 24,102 26,785 18,435 15,228 14,754 12,957 14,193 203,269 22%2017 11,471 13,520 26,754 23,746 24,373 35,406 37,730 23,019 14,754 23,714 14,247 17,574 266,308 31%2018 11,319 18,300 34,545 31,660 30,036 39,542 39,787 28,184 18,752 21,280 17,622 16,220 307,247 15%2019 13,969 13,763 25,190 26,115 79,037

19 vs.18 23.4% -24.8% -27.1% -17.5%Prepared by the Business Development Division, Columbus Regional Airport Authority

RICKENBACKER INTERNATIONAL AIRPORT April 2019

Note: Figures may not add up to 100% due to rounding

Note: Figures may not add up to 100% due to rounding

AirBridgeCargo6.4%

Cargolux14.8%

Cathay Pacific7.6%

China Airlines4.6%

Emirates10.9%

Etihad9.2%

FedEx 29.7% UPS

8.8%

Charters - Domestic1.1%

Charters - International6.9%

Year to Date Cargo by Weights

40%

60%

Domestic International

AirBridgeCargo13.6%

Cargolux13.7%

Cathay Pacific7.6%

China Airlines6.2%

Emirates9.5%

Etihad8.8%

FedEx 30.6%

UPS9.3%

Charters - Domestic0.7%

Monthly Cargo by Weights

-

6,000

12,000

18,000

24,000

30,000

36,000

42,000

48,000Total Passengers

2015 2016 2017 2018 2019

41%

59%

Domestic International

5

PASSENGERS

Airport 2019 2018 Actual Change



John Glenn International 707,185 669,615 37,570 5.6% 2,649,447 2,475,780 173,667 7.0%

Rickenbacker International 26,115 31,660 -5,545 -17.5% 79,037 95,824 -16,787 -17.5%

AIRPORT TOTALS 733,300 701,275 32,025 4.6% 2,728,484 2,571,604 156,880 6.1%

CARGO




John Glenn International 849,943 885,175 -35,232 -4.0% 3,315,354 3,052,219 263,135 8.6%

Rickenbacker International 23,230,969 22,739,370 491,599 2.2% 95,438,178 84,887,062 10,551,116 12.4%

AIRPORT TOTALS 24,080,912 23,624,545 456,367 1.9% 98,753,532 87,939,281 10,814,251 12.3%

AIRCRAFT OPERATIONS




John Glenn International 4,227 4,211 16 0.4% 16,283 16,137 146 0.9%

Rickenbacker International 391 430 -39 -9.1% 1,499 1,572 -73 -4.6%

AIRPORT TOTALS 4,618 4,641 -23 -0.5% 17,782 17,709 73 0.4%




Monthly Activity Report | April 2019COMBINED AIRPORTS TRAFFIC REPORT

6


Rental Car Report 1st Quarter 2019

Respectfully Submitted

David Whitaker, CM Chief Commercial Officer

Business Development

David Saleme, A.A.E. Sr. Manager, Concessions & Revenue Development


Page 1

Avis Budget Group 27.08%Avis Rent A CarBudget Rent A Car

Dollar Thrifty Auto Group 9.27%Dollar Rent A CarThrifty Car Rental

Enterprise Rent A Car 17.56%

Hertz Car Rental 19.55%

Midwest Car Corporation 26.54%National Car RentalAlamo Rent A Car

Rental Car BrandsListed by Parent Company

YTD Market Share

As of March 31, 2019 Columbus Regional Airport Authority | John Glenn International Rental Car Report

Avis16%

Budget11%

Dollar4%

Thrifty5%

Enterprise18%

Hertz20%

National20%

Alamo6%

Page 2

-0.1%

Columbus Regional Airport Authority | John Glenn International Rental Car Report As of March 31, 2019

Gross Revenue

Monthly Revenues

YTD 2019 vs 2018 % ChangeYTD Comparison 2017 2018 2019

$0

$1,500,000

$3,000,000

$4,500,000

$6,000,000

$7,500,000

$9,000,000

$10,500,000

JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC

$17,838,513

$18,130,220

$18,119,358

$17,625,000 $17,700,000 $17,775,000 $17,850,000 $17,925,000 $18,000,000 $18,075,000 $18,150,000 $18,225,000

2017

2018

2019

Page 3

-0.1%

Monthly Revenues


Net RevenueYTD Comparison 2017 2018 2019 YTD 2019 vs 2018 %

Change

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000


$1,783,851

$1,813,022

$1,811,936

$1,762,500 $1,770,000 $1,777,500 $1,785,000 $1,792,500 $1,800,000 $1,807,500 $1,815,000 $1,822,500

2017

2018

2019

Page 4

-0.1%

2019

Monthly Revenues


Total Gross Receipts Per Transaction Day

YTD Comparison 2017 2018 2019 YTD 2019 vs 2018 % Change

$0

$50,000

$100,000

$150,000

$200,000

$250,000

$300,000

$350,000


$594,634

$604,556

$603,858

$588,000 $590,000 $592,000 $594,000 $596,000 $598,000 $600,000 $602,000 $604,000 $606,000

2017

2018

2019

Page 5

3.1%

Monthly Revenues


Customer Facility Charge

YTD Comparison 2017 2018 2019 YTD 2019 vs 2018 % Change

$60,036,891.05Current CFC Balanace:

$0

$200,000

$400,000

$600,000

$800,000

$1,000,000

$1,200,000


$2,056,483

$2,068,892

$2,132,800

$2,000,000 $2,020,000 $2,040,000 $2,060,000 $2,080,000 $2,100,000 $2,120,000 $2,140,000

2017

2018

2019

Page 6

3.9%

Total Vehicle Rental Days Per Month


Rental Transaction DaysYTD Comparison 2017 2018 2019 YTD 2019 vs 2018 %

Change10

4,15

1

103,

725 12

5,93

6

130,

068

154,

963

153,

419

154,

673

164,

694

148,

565

155,

535

134,

565

118,

888

102,

758

104,

177

135,

397

145,

314

169,

786

169,

408

173,

386

170,

615

152,

691

162,

580

148,

383

119,

654

107,

945

112,

381 13

5,37

7

0 0 0 0 0 0 0 0 0

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

160,000

180,000

200,000


333,811

342,332

355,703

300,000 310,000 320,000 330,000 340,000 350,000 360,000

2017

2018

2019

Page 7

A B C Total

Note: Charter enplanements are combined with C Concourse totals.Thrifty Car Rental (Assigned to EAN Holdings)

National Car RentalAlamo Rent A Car

Hertz

National

Alamo

Budget Rent A Car Byers Car RentalDTG Operations Hertz Car Rental

Dollar Rent A Car Midwest Car Corp.

Brands by Concession Agreement

Avis Budget Car Rental EAN HoldingsAvis Rent A Car Enterprise Rent A Car

Columbus Regional Airport Authority | John Glenn International Rental Car Report

YTD Gross Revenue Per Brand

% Change % Change -12.1%Enterprise-9.6%Avis

As of March 31, 2019

% Change% Change -7.6%0.6%

251.7%

% Change 11.0%

-3.6%

-12.5%

% Change

4,536

7.0%

Budget

Dollar

% Change

% Change

+/- % Change -0.1% 16.7% 2.3%

63,440

Thrifty

YTD Passenger Enplanements

+/- Difference -188 59,092

$3,618,157

$3,181,406

$2,500,000 $3,000,000 $3,500,000 $4,000,000

2018

2019

$3,830,955

$3,541,557

$1,700,000 $2,450,000 $3,200,000 $3,950,000

2018

2019

$3,343,534

$3,711,799

$1,700,000 $2,450,000 $3,200,000 $3,950,000

2018

2019

$312,107

$1,097,632

$100,000 $400,000 $700,000 $1,000,000 $1,300,000

2018

2019

$856,728

$749,853

$650,000 $700,000 $750,000 $800,000 $850,000 $900,000

2018

2019

$964,920

$930,495

$800,000 $850,000 $900,000 $950,000 $1,000,000

2018

2019

$3,227,004

$2,917,300

$2,000,000 $2,500,000 $3,000,000 $3,500,000

2018

2019

$1,976,817

$1,989,316

$1,500,000 $1,650,000 $1,800,000 $1,950,000 $2,100,000

2018

2019

Page 8

A B C Total

Note: Charter enplanements are combined with C Concourse totals.Thrifty Car Rental (Assigned to EAN Holdings)

National Car RentalAlamo Rent A Car

Alamo

Budget Rent A Car Byers Car RentalDTG Operations Hertz Car Rental

Dollar Rent A Car Midwest Car Corp.

Brands by Concession Agreement

Avis Budget Car Rental EAN HoldingsAvis Rent A Car Enterprise Rent A Car

% Change -7.6%

Columbus Regional Airport Authority | John Glenn International Rental Car Report

YTD Net Revenue Per Brand

Avis % Change Enterprise % Change -12.1%-9.6%

0.6%

As of March 31, 2019

Hertz

% Change 251.7%

Dollar % Change % Change 11.0%-12.5%

-3.6%

National

+/- Difference -188 59,092 4,536 63,440


Thrifty % Change

Budget % Change

+/- % Change -0.1% 16.7% 2.3% 7.0%

$361,816

$318,141

$200,000 $250,000 $300,000 $350,000 $400,000

2018

2019

$383,095

$354,156

$150,000 $200,000 $250,000 $300,000 $350,000 $400,000

2018

2019

$334,353

$371,180

$200,000 $250,000 $300,000 $350,000 $400,000

2018

2019

$31,211

$109,763

$10,000 $30,000 $50,000 $70,000 $90,000 $110,000 $130,000

2018

2019

$85,673

$74,985

$37,000 $47,000 $57,000 $67,000 $77,000 $87,000 $97,000

2018

2019

$96,492

$93,049

$40,000 $50,000 $60,000 $70,000 $80,000 $90,000 $100,000

2018

2019

$322,700

$291,730

$150,000 $200,000 $250,000 $300,000 $350,000

2018

2019

$197,682

$198,932

$90,000 $115,000 $140,000 $165,000 $190,000 $215,000

2018

2019


Concessions Report 1st Quarter 2019

Respectfully Submitted

David Whitaker, CM Chief Commercial Officer


David Saleme, A.A.E. Sr. Manager, Concessions & Revenue Development


Page 1

Food & Beverage Charley's Vending Auntie Anne's American Craft Tavern Burger KingChili's Bob Evans Express Charley's Vending Charley's Philly SteaksDonatos Charley's Vending Donatos Max & Erma'sJeni's Eddie George's Grille 27 Pepsi PepsiPepsi Jeni's PGA TOUR Grill Starbucks- Baggage ClaimStarbucks Land Grant Starbucks Starbucks- Food CourtVino Volo Pepsi

StarbucksWolfgang Puck Express

Retail Best Buy Best Buy Best Buy Brighton CollectablesCNBC Shop TravelMart CNBC Shop Brooks BrothersParadies Kiosk Columbus Marketplace Columbus Marketplace PGA Tour Shop

The ScoreboardShort North Marketplace

Services Airport Mailers Airport Mailers Airport Mailers Chase ATMFuelRod FuelRod FuelRod Currency ExchangeHuntington ATM Huntington ATM Huntington ATM Fifth Third ATMOhio Lottery Massage Bar Ohio Lottery Huntington ATM

Ohio Lottery Ohio LotteryShoe ShineSmarte CarteReady Credit

Advertising Clear ChannelRBX Media

Columbus Regional Airport Authority | John Glenn International Concessions Report As of March 31, 2019

Current Tenant Listing

A Concourse B Concourse C Concourse Pre-Security

Page 2

2019 vs 2018 % change 8.7%

Includes total sales of all concessions: food & beverage, retail, services, advertising.


Gross RevenueYTD Comparison 2017 2018 2019

$8,148,450.99

$8,643,653

$9,397,352

2013- Pre TMP, $6,202,385

$0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000 $10,000,000

2017

2018

2019

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

$3,500,000

$4,000,000


Page 3

2019 vs 2018 % change 6.1%

Includes total sales of all concessions: food & beverage, retail, services, advertising.


Net RevenueYTD Comparison 2017 2018 2019

$1,186,087

$1,308,864

$1,388,704

2013- Pre TMP, $975,550

$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000

2017

2018

2019

$0

$100,000

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000


Page 4

2019 vs 2018 % change 1.6%

Identifies the average gross revenue per enplaned (outbound) passenger at CMH. This isolates the variable of passenger levels across time.


Gross Revenue Per Enplaned PassengerYTD Comparison 2017 2018 2019

$9.60

$9.54

$9.69

2013- Pre TMP, $8.68

$8.00 $8.20 $8.40 $8.60 $8.80 $9.00 $9.20 $9.40 $9.60 $9.80

2017

2018

2019

$0.00

$2.00

$4.00

$6.00

$8.00

$10.00

$12.00


Page 5

2019 vs 2018 % change -0.8%

Identifies the average revenue to the Authority per enplaned (outbound) passenger at CMH. This isolates the variable of passengers levels across time.


Net Revenue Per Enplaned PassengerYTD Comparison 2017 2018 2019

$1.40

$1.44

$1.43

2013- Pre TMP, $1.36

$1.32 $1.34 $1.36 $1.38 $1.40 $1.42 $1.44 $1.46

2017

2018

2019

$0.00

$0.20

$0.40

$0.60

$0.80

$1.00

$1.20

$1.40

$1.60

$1.80


Page 6

% Change % Change 4.8%




% Change 8.1%A B C Total

In the Services and Pre-Security categories, Chase Bank has not submitted March Gross Revenues.

+/- Difference

+/- % Change

-188 59,092

"Other" reflects the revenue of tenants with units in each concourse/location:Airport Mailers, Best Buy, Clear Channel, Fuel Rod, Huntington ATMs, Ohio Lottery, Pepsi, RBX Media, Smarte Carte, Vending

-0.1% 16.7% 2.3% 7.0%

4,536 63,440


YTD Gross Revenue by Location

Food & Beverage Concourse A

YTD Gross Revenue by Type

9.9%

Pre Security

Other

Advertising

Retail


6.8%

-0.9%

11.4%

Services

Concourse B

Concourse C

$5,715,935

$6,279,520

$5,400,000 $5,600,000 $5,800,000 $6,000,000 $6,200,000 $6,400,000

2018

2019

$2,344,427

$2,504,327

$2,250,000 $2,325,000 $2,400,000 $2,475,000 $2,550,000

2018

2019

$293,888

$291,105

$285,000 $292,500 $300,000

2018

2019

$289,403

$322,400

$270,000 $285,000 $300,000 $315,000 $330,000

2018

2019

$2,416,535

$2,531,975

$2,350,000 $2,400,000 $2,450,000 $2,500,000 $2,550,000

2018

2019

$2,873,426

$3,153,259

$2,700,000 $2,800,000 $2,900,000 $3,000,000 $3,100,000 $3,200,000

2018

2019

$1,406,838

$1,551,399

$1,275,000 $1,350,000 $1,425,000 $1,500,000 $1,575,000

2018

2019

$1,406,838

$1,551,399

$1,275,000 $1,350,000 $1,425,000 $1,500,000 $1,575,000

2018

2019

$663,931

$717,541

$625,000 $650,000 $675,000 $700,000 $725,000

2018

2019

Page 7





% Change -1.1%A B C Total

In the Services and Pre-Security categories, Chase Bank has not submitted March Gross Revenues.

"Other" reflects the revenue of tenants with units in each concourse/location:Airport Mailers, Best Buy, Clear Channel, Fuel Rod, Huntington ATMs, Ohio Lottery, Pepsi, RBX Media, Smarte Carte, Vending

YTD Passenger Enplanements Other

+/- Difference -188 59,092 4,536 63,440

+/- % Change -0.1% 16.7% 2.3% 7.0%

Retail Concourse B

Services Concourse C

Advertising Pre Security

5.5%

-5.2%

-0.7%


YTD Net Revenue by Type YTD Net Revenue by Location

Food & Beverage Concourse A9.0%

$697,502

$760,038

$600,000 $750,000 $900,000

2018

2019

$395,272

$416,857

$382,500 $390,000 $397,500 $405,000 $412,500 $420,000

2018

2019

$61,710

$58,532

$55,000 $57,500 $60,000 $62,500

2018

2019

$154,380

$153,277

$140,000 $145,000 $150,000 $155,000 $160,000

2018

2019

$309,153

$320,757

$300,000 $305,000 $310,000 $315,000 $320,000 $325,000

2018

2019

$382,466

$417,826

$350,000 $375,000 $400,000 $425,000

2018

2019

$189,771

$201,587

$180,000 $185,000 $190,000 $195,000 $200,000 $205,000

2018

2019

$208,995

$232,506

$195,000 $202,500 $210,000 $217,500 $225,000 $232,500 $240,000

2018

2019

$218,479

$216,028

$200,000 $205,000 $210,000 $215,000 $220,000

2018

2019

Documents

CRAA Board of Directors Meeting · 2019-05-24 · CRAA Board of Directors Meeting Columbus Regional Airport Authority May 28, 2019 John Glenn Columbus International Airport 4600 International