Jacksonville Aviation Authority reports “strong financial year” in status report

jax airport

Jacksonville Aviation Authority mayoral appointees in a Dec. 15 “status report” letter to Mayor Lenny Curry reported a “strong financial year” and “recovery” from the 2007 recession.

Revenues were up over 9 percent year over year in the fiscal year ending Sept. 30, outpacing a 5.1 percent increase in expenses, helping the JAA cash flow.

Net assets were up $9.39 million, a 71 percent YOY increase.

Beyond the good news, the JAA appointees expressed interest in long term vision: the “development of Cecil Airport,” to drive regional economic development and make the former naval air station an “aerospace hub in the Southeast.”

“While a fledgling industry now, commercial space is expected to grow significantly and Jacksonville is well-positioned to compete for this business,” the letter states.

Jacksonville International Airport is expected to grow, buoyed by a “very strong program for air service development that includes a range of incentives for new service.” As well, Craig and Herlong airports are “operating in the black.”

The letter was signed by Ray AlfredJay Demetree, and Russ Thomas.

A.G. Gancarski

A.G. Gancarski has been a correspondent for FloridaPolitics.com since 2014. In 2018, he was a finalist for an Association of Alternative Newsweeklies "best political column." He can be reached at [email protected]



#FlaPol

Florida Politics is a statewide, new media platform covering campaigns, elections, government, policy, and lobbying in Florida. This platform and all of its content are owned by Extensive Enterprises Media.

Publisher: Peter Schorsch

Contributors & reporters: Phil Ammann, Jason Delgado, Renzo Downey, Daniel Figueroa, Rick Flagg, A.G. Gancarski, Anne Geggis, Kelly Hayes, Joe Henderson, Janelle Irwin, Ryan Nicol, Jacob Ogles, Scott Powers, Jesse Scheckner, Andrew Wilson, and Tristan Wood.

Email: [email protected]
Twitter: @PeterSchorschFL
Phone: (727) 642-3162
Address: 204 37th Avenue North #182
St. Petersburg, Florida 33704




Sign up for Sunburn


Categories