Coronavirus effects: falling air traffic at LAX, local airports

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Air traffic at Los Angeles International Airport and other local aviation facilities has been severely impacted by the coronavirus.
Sean Burton, Chairman of the Board of Los Angeles Airport Commissioners, said at a commission meeting on Thursday that air passenger traffic is now 85% lower nationally than there was a year. At LAX and Van Nuys, the effect is just as extreme, he said.

The number of LAX air passengers has decreased by 85%, dealership revenues have decreased by 50% and car rental transactions have decreased by 80%, he said.

The exchange rate is down 70% and tax-free revenue is down 60%, he added.

“Obviously, the scale of what we are facing is immense,” said Burton.

He told the commissioners that “we must continue to look for new solutions to deal with the financial impacts and reduce our costs and operate more efficiently, while maintaining safety and security.” In addition to the austerity measures already in place, our management team reviews all existing contracts and identifies opportunities to stop, reduce or postpone operations. We are also examining all of our planned future capital projects to determine whether the time is right to launch them or whether they can be postponed. ”

Under the Coronavirus Relief Bill, which is making its way through Congress, Burton said $ 10 billion in federal aid would help public commercial airports like LAX, as well as general aviation airports like Van Nuys.

He said money will be essential because “the aviation sector is facing the steepest and potentially lasting decline in the history of air transportation.”



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