FY 2015 Budget

A New Day: Merged to the Margins

The Louisville Regional Airport Authority Board approved the FY 2015 budget (July 1, 2014-June 30, 2015) at its June meeting. The budget projects revenues of $94.1 million, operating expenses of $57.9 million and $34.4 million in capital and major maintenance projects.

It also includes funding for the Authority’s two, noise-mitigation programs – the Voluntary Residential Relocation Program and the QuieterHome® sound-insulation program.taxiway_A

Louisville International Airport (SDF)

Even with 21 nonstop destinations that include eight of the top 10 international gateway airports (which means international travelers are one stop from 142 cities and 64 countries on six continents), the Airport Authority Board approved expanding the FY 2015 cooperative advertising program that introduces new or expanded service. Also, from 2010 through 2014, several successful new business routes from the Louisville International Airport (SDF) were secured including Delta’s service to New York (JFK), Southwest’s service to Denver (DEN) and United’s service to Washington, D.C. (IAD) and Denver (DEN).

Capital initiatives at Louisville International include the completion of Taxiway “A” , which with other airfield improvements, are keys to the airport’s plan to accommodate Group VI aircraft (the largest and newest long-range commercial aircraft). Other initiatives include the Crosswind Runway Area Safety Program and the on-going airfield pavement rehab program.

Bowman Field (LOU)

At Bowman Field, plans include on-going airfield pavement projects, the Bowman Field Airport Area Safety Program and the South Hangar Redevelopment area.