May 14, 2010

To the Honorable Members of the Davidson County Delegation of the 106th Tennessee General Assembly:

The Metropolitan Nashville Airport Authority began construction on the new 900,000-square-foot consolidated rental car facility at BNA on Feb. 22. The project is projected for completion in November 2011. At that time, rental car companies will be relocated from the short-term garage and terminal areas to the new facility – a move that will free up an additional 600 covered parking spaces in the current short-term garage for BNA patrons.

The new facility is being built adjacent to BNA’s Long Term A lot, to the north side of the existing short-term parking garage. As a result, half of the Long Term lot has been closed permanently, and Long Term B (formerly overflow) has been opened full time, offering BNA’s shortest shuttle bus wait times. We encourage travelers to take the Donelson Pike exit from I-40 to gain easy access to Long Term B and avoid the construction site.

Construction of the rental car facility represents the single largest construction project in the Metropolitan Nashville Airport Authority’s history. It will generate approximately 350 jobs during construction. Austin Commercial was awarded the contract, which includes D.F. Chase as a local partner and many local small businesses. Nearly 20 small, minority- and woman-owned business enterprise partners make up 16.15 percent of the total contract.

The new rental car facility will help us continue to provide passengers and visitors to Music City with the Nashville Airports Experience – the best possible experience at the airport, and is going to be a great addition to BNA for years to come.

Thank you for your continued interest in and support of MNAA.  Please contact us should you have any questions or if you would like additional information related to MNAA’s performance and activities.

Paul L. Regalado, C.A.E.
President and CEO

James H. Cheek III
Chairman

January 2010 March 2010


Federal Grant Activity: $7,316,394 • State Grant Activity: $2,276,143


Total Aircraft Operations
Q3 FY10: 41,491
Q3 FY09: 41,684
Difference (#): -193
Percentage (%): -0.5%
Gross Certified Landed Weight (GCLW)
Q3 FY10: 1,344,446,000
Q3 FY09: 1,501,101,000
Difference (#): -156,655,000
Percentage (%): -10.4%
Enplanements (EPAX)
Q3 FY10: 986,228
Q3 FY09: 972,907
Difference (#): 13,321
Percentage (%): 1.4%
Vehicles Parked
Q3 FY10: 332,098
Q3 FY09: 323,275
Difference (#): 8,823
Percentage (%): 2.7%
Passenger Facility Charge (PFC) Revenue
Q3 FY10*: $4,697,075
Q3 FY09: $2,888,086
Difference ($): $1,808,989
Percentage (%): 62.6%
*attributable to a 12/09 rate increase to $4.50
BNA Operating Activity:
REVENUES  
Op rev FY10: $18,787,000
Op rev FY09: $16,618,000
Difference ($): $2,169,000
Percentage (%): 13.1%
 
Quarterly revenues detail:
Passenger Airline $5,784,000
Parking $6,243,000
Concession $3,998,000
Rents & Permits $2,215,000
Cargo $547,000
$18,787,000
EXPENSES  
Op exp FY09: $13,680,000
Op exp FY08: $12,303,000
Difference ($): $1,377,000
Percentage (%): 11.2%
 
Quarterly expenses detail:
Personnel $6,826,000
Purchased Services $4,094,000
Materials & Supplies $691,000
Utilities $1,590,000
Other $479,000
$13,680,000
 
 
 
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