Less revenue coming directly from airline operations is being more than offset by tangential revenue – from parking, concessions and the like – at Northern Virginia’s two commercial airports.
The Metropolitan Washington Airports Authority on Sept. 18 reported that year-to-date revenue from aviation operations totaled $582 million through August, up 2.9 percent from the year before and 7.1 percent higher than budgeted.
Direct costs paid by airlines at Ronald Reagan Washington National and Washington Dulles International airports were down 7.7 percent from a year before to $201.1 million, while non-airline revenue was up 9.5 percent to $380.9 million.
The largest single ancillary revenue source, parking, was up 7.5 percent to $120.6 million, while rents from concessionaires also were up.
Owing to higher costs, net operating income for the eight-month period was down 25 percent, from $103.88 million in 2023 to $77.48 million in 2024, but has exceeded budget expectations.
