The Reds may have lost steam at the end of their season and our beloved Bengals are throttling back, but the team at CVG is riding a nice wave of momentum in a positive direction, as shown by the latest news release announcing Frontier Airlines is set to expand their operation at CVG.
This marks the second such announcement in the first seven months of service to the CVG airport. While many may disregard that, to me it is a very big deal. Frontier Airlines operated from the Dayton airport for more than seven years and had no (say it with me zero) expanded service and we’ve had two announcements of such in the first seven months of Frontier’s service to CVG. That is a very big deal.
Within the last 12 months we’ve seen Frontier announce their intention to begin servicing CVG (started in May), then announce service to New Jersey, followed by Allegiant announcing plans to fly from CVG, which was followed by yet another announcement from Frontier stating they are expanding their service by providing another Denver departure. Not a bad twelve months!
A part of the reason for the success at CVG this year is a direct result of the leadership team at CVG. I was extremely impressed (and a little shocked) by a recent announcement that the landing fees at CVG were dropping.
Airports derive a good deal of their operating capital from the landing fees they charge. Normally when an airport sees a reduction in flight service, those landing fees are raised to compensate for the lost revenue, so to see CVG’s announcement that the fees are going from $3.97/per thousand pounds to $2.75/per thousand pounds is impressive to say the least. Plus, that kind of reduction will appeal to the airline bean counters who are looking for ways to maximize their operating profits. In short, this will help CVG attract additional service from existing airlines, as well as attract carriers who do not yet serve the CVG airport.
Speaking of which, I have an interesting thought to consider. Dayton lost the service of Frontier because CVG could offer more to the low cost carrier. Frontier decided that they could operate more efficiently and profitably from the CVG airport than from Dayton and that move is certainly paying off.
Could Southwest Airlines make such a move? They sure could and I trust that scenario is being promoted by the CVG leadership team to Southwest on an ongoing basis. The airport at CVG is a proven facility that has been voted the best regional airport in North America three years running and the good news is we have room for a few more airlines.
Can anyone say Southwest?