Memphis International Airport Notes

June 2007

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FedEx Signs New Lease With Memphis-Shelby County Airport Authority

FedEx Corp. has agreed to a new 30-year lease with the Memphis-Shelby County Airport Authority. FedEx will continue to lease property at Memphis International Airport for its hub operations, including its primary sorting and handling facility, aircraft hangars, aircraft ramp areas, vehicle parking areas, flight training and fuel facilities, administrative offices and warehouse space. The total space leased by FedEx is 30.5 million square feet.

In the first year of the new contract, FedEx will pay $6.8 million in rent. In 2008 the rate will increase to $7.9 million. On July 1, 2013, and on every fifth anniversary of that date, the annual rent will increase by 13 percent.

The last lease agreement between FedEx and the MSCAA was signed in 1979. This new agreement is effective Jan. 1 and ends on Dec. 31, 2036, with optional extensions through 2058.

Memphis International Airport has been the busiest cargo airport in the world for 15 consecutive years and FedEx is the driving force behind that accolade. The lease is the result of an excellent working relationship between FedEx executives and the MSCAA and Airport executives are very happy with the continuation of that relationship.


FedEx


 

Wilson Air Center Memphis Outperforms other Fixed Base Operators

When customers of Wilson Air Center Memphis think of the Fixed Base Operator (FBO), phrases such as "superior customer service," "attention to detail" and "hospitable" come to mind. These accolades from pilots and passengers alike, helped make Wilson Air Center Memphis the #1 Corporate Aviation Support Facility in the 2007 Aviation International News survey for the eighth consecutive year.

The accolades for the FBO keep flying in. Wilson Air Center, which has additional locations in Charlotte, North Carolina, and Houston, Texas, was also named the #1 Corporate Aviation Support Facility Chain in Professional Pilot magazine's 2007 Preferences Regarding Aviation Service and Equipment (PRASE) survey… more »


Wilson Air Center


 

Memphis-Shelby County Airport Authority Chairman Receives Award from Japan

Arnold Perl, chairman of the Memphis-Shelby County Airport Authority has been recognized by Japan with the Order of the Rising Sun, Gold Rays with Rosette, for his efforts to strengthen Tennessee's ties to Japan.

Perl was recognized for his work in co-founding the Japan-Tennessee Society and in organizing the Japan-America Society of Tennessee. Masaru Sakato, Consul General of Japan in New Orleans, presented the award to Perl on June 5 at a special luncheon held by the Memphis Regional Chamber to honor Perl's achievement… more »


Arnold Perl

Mr. Masaru Sakato, Consul General of Japan in New Orleans, and Arnold Perl, Chairman of the MSCAA.  Photo: Tom Walsh

 

Delta Exits Bankruptcy With New Look; Focus on Customer Satisfaction

On April 30, Delta Airlines emerged from Chapter 11 bankruptcy positioned to be a top-level performer both financially and operationally. The re-structured airline plans to compete around the world with a focus on the customer experience, a best-in-class cost structure and balance sheet, a diversified global network and a workforce with a substantial stake in the company's future.

As part of an effort to show-off the revamped airline, Delta has redesigned its logo. Now passengers will see a three-dimensional red logo instead of the old red and blue color scheme. Over the next four years, Delta will change the livery on all of its aircraft tails to the new red logo flying across a blue background… more »


Delta
 

Northwest Improves Airline Quality Rating, Emerges from Bankruptcy

Despite being in Chapter 11 bankruptcy during 2006, Northwest Airlines improved its Airline Quality Rating (AQR) two places. The airline improved in all four categories measured for AQR: On-time Arrivals, Involuntary Denied Boardings, Mishandled Baggage and Customer Complaints. Northwest also emerged from Chapter 11 bankruptcy on May 31.

Northwest was one of only two airlines which showed improvement among the 18 largest domestic carriers ranked in the annual study conducted by the University of Nebraska and Wichita State University. Northwest outranked the other big network carriers in customer service. The airline ranked fifth among all 18 carriers… more »


Northwest Airlines


 

Northwest Airlink News

On May 2, Compass Airlines completed its first flight under the Northwest Airlink banner. The airline is a wholly-owned subsidiary of Northwest and was created by Northwest during its bankruptcy reorganization. Initially Compass will operate a 50-seat CRJ-200 regional jet with twice daily service between Washington and Minneapolis/St. Paul. Compass expects to start flying the first of 36 Embraer EMB-175 regional jets during the third quarter of 2007. By the end of 2007 Compass' fleet is expected to grow to 10 EMB-175, and to all 36 EMB-175 by the end of 2008.

Northwest also has acquired Mesaba Airlines as a wholly-owned subsidiary, following Mesaba's emergence from bankruptcy. Mesaba operates 50 regional jets under the Northwest Airlink banner… more »


Northwest Airlink

Northwest Airlink
Bombardier CRJ-200

 

A Whole Different Animal Arrives in Memphis

On May 12, Frontier Airlines started flying routes from Memphis to Denver, Colorado, Las Vegas, Nevada, and Orlando, Florida.

Frontier's first flight landed in Memphis from Denver at 2:40 p.m. Passengers were met with balloons, entertainment and even an Elvis impersonator to add to the festive atmosphere.

Frontier's daily flights to Denver connect Memphis with 20 destinations in the West, Canada and Mexico including Los Angeles, Phoenix, Seattle, Calgary and Los Cabos. The non-stop flights to Orlando and Las Vegas allows Frontier to provide a high level of service to two of North America's top vacation and convention destinations from the heart of the Mid-South… more »


Frontier Airlines


 

Airport Statistics Highlights

 

April 2007

April 2006

Year-to-date 2007

Year-to-date 2006

Total Passengers

883,557

922,647

3,335,894

3,483,963

Total Cargo Handled (lbs)

649,835,247

658,162,770

2,718,509,187

2,592,033,084

Total Aircraft Operations

30,451

32,289

123,625

126,649

For the full statistical report on Memphis International Airport, click here.

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