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Orlando Real Estate -

Orlando Airport Business Is Perking Up

January 20th, 2011 9:57 AM by Karyn Smith

The economic doldrums appear to be over at Orlando International Airport, which posted its seventh straight month of passenger growth in November, but it may still be two or three years away from returning to pre-recession levels of business. Phil Brown, executive director of the Greater Orlando Aviation Authority, told the board Wednesday that November's 8.2 percent increase in passenger traffic, compared with the same month in 2009, should lead into steady growth this year, though he harbors worries about oil prices, new international travel fees, and airlines' cost-cutting moves. "All things being equal, if oil prices stay in the range they're in, we're expecting to see what we've seen this past year, which in the range of 2-3 percent growth," Brown said. The Thanksgiving travel rush helped Orlando International post its seventh-consecutive month of passenger traffic growth, and the increase is the biggest single monthly rise since February 2008.
Posted in:General
Posted by Karyn Smith on January 20th, 2011 9:57 AM

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