Airport Authority

Airport revenue comes from Signatory Airline Fees, Concession Revenues, Interest Income and other revenues.

Discussion

Lambert - St. Louis International Airport receives just over half of its operating revenues from signatory airlines in the form of landing fees and terminal rents. Signatory airlines are those airlines serving the Airport who have signed use agreements and include: American, Continental, Delta, Northwest, USAir, Southwest, TWA, Trans States and United. The Airport also receives revenues from concessions that operate on Airport property. Concession fees include revenues from the following activities: food & beverage sales, giftshops, coin devices, ground transportation, public parking, car rentals, space rental, in-flight catering and other concession revenues. Other revenues include non-signatory airline fees, cargo, hangar, tenant improvement surcharges, employee lot, gain on sale of investments and other miscellaneous revenues.

Lambert - St. Louis International Airport has completed the expansion of its East Terminal with the addition of twelve (12) new gates. The increase in projected revenue for fiscal 1999 is mostly attributable to this expansion.