What Investor’s need to know about the Massachusetts Port Authority (or any other airport…) . Presentation by Betsy Taylor to MAGNY April 4, 2014. Topics. What investors’ should know about airport’s in general? What should investors’ know about Logan Airport?
What Investor’s need to know about the Massachusetts Port Authority(or any other airport…)
Presentation by Betsy Taylor
April 4, 2014
Source: New England Economic Partnership Nov 2013: Massachusetts
Passenger growth being boosted by JetBlue’s continued expansion at Logan Airport.
Note: Excludes GA passengers. CY 2013 passenger traffic including GA was 30.2M.
Source: Massport and ICF SH&E forecast
Note: Top 10 carriers based on scheduled seats for CY2013
Source: OAG Schedules
In 2013, Logan’s Share of Boston Region Passengers Increased by 0.5 Percentage Points
Total Passengers (BOS/PVD/MHT)
36.7M 36.9M 34.5M 33.0M34.1M35.5M 35.3M 35.5M*
Source: Airport Records -12 Months ending Nov 2013 for PVD & MHT; CY 2013 for BOS
Massport’s 5-year net revenue generates $513 M to fund the Authority’s 5-year capital program
As of 2/2/12
The Use of Bonds and Existing I & E Balances
Fund FY14-FY18 Capital Programs
Note: Operating Ratio is expenses with PILOT/divided by operating revenue
*Large Hub Airports