Thursday, November 14, 2013
LVIA Passenger Count Down 40% From Peak Years
While the Lehigh and Northampton Airport authority contemplates the sale of Braden Airpark to pay off a judgment incurred as a result of their own mismanagement, they appear to be ignoring the recurring revenue that would result from attracting more passengers at the main airport. You know, the one on Airport Road.
Dr. Steve Thode has prepared the above chart, which depicts LVIA passenger counts over the past several years. He tells me traffic is off more than 17% from last year (the worst year in 25 years), and off more than 30% from 2011. 2013 total year traffic is likely to come in around 600,000 passengers - a drop of more than 40% since its peak in the early 2000s.
Year-over-year traffic has now declined for 19 consecutive months. This is coincident, by the way, with the arrival of AvPORTS (now departed) and Charles Everett (still Exec Director).