Tampa International Airport expects passenger traffic to increase in 2024
Tampa International Airport in Florida, USA, expects an increase in passenger traffic in 2024. The approved budget for next year states that revenues will increase by $29.1 million.
This is reported by the Tampa Bay Times. Thus, the airport plans to accommodate a record 25.2 million passengers between October 2023 and September 2024. This is an 8.5 percent increase from 2023.
Revenue is expected to grow by $29.1 million from fiscal year 2023, meaning to $408.6 million. Higher travel demand will lead to increased revenue from parking, concessions, and rental cars.
Number of passengers has already surpassed pre-pandemic levels this year.
"This has been a year of great accomplishments. We're entering a new phase of growth with the development of Airside D, which we're all very excited about," said Tampa International Airport CEO Joe Lopano.
The airport plans to spend $17.7 million in 2024, which is more than it did this year. It also plans to spend more than $95 million on infrastructure upgrades next year.