Washington Dulles to lower airline costs with land sale

posted on 20th September 2018 by yumna
Washington Dulles to lower airline costs with land sale

Washington Dulles International airport will help airlines lower costs as it gathers $237m from the sale of unused land acquired for its fourth runway tat was built back in 2008 on its western side.

The public operator of the airport, The Metropolitan Washington Airports Authority approved the sale of nearly 425 acres of land that was unused after the airport saw its fourth runway open a decade ago.

The land was sold to Digital Reality Trust, whom wish to build a new data centre on the plot.

An executive at the airport’s operator stated that Dulles must reinvest the funds back into operations at the airport which means it has to go to the benefit of airline operations.

Specifically, this refers to a reduction in the cost per enplanement (CPE), aka the cost that an airline pays to board a passenger on one of its aircraft.