The Airport Commission convened at 2:00 PM on December 2, 2025, to review operational and financial reports, approve routine maintenance projects, and vote on significant lease agreements. The meeting addressed a series of proposals ranging from facility upgrades to major capital development with United Therapeutics. No members of the public were present for the open comment period.
Um yeah, hold on. Just missed the tax a little bit. Go ahead. Okay, we're gonna call the airport commission meeting to order at 2 p.m. on December 2nd. And we always start with our open comment period, but there is no one in the room. So we need unless someone has an objection, we'll just move on. Um and so uh we have a quorum. No one's online, so we don't need to uh don't sleep the roll call, but we're all here. Anyone have any issues with the order of the agenda as it was sent to you? Okay, so we have a consent agenda before us, and on there is the our is uh 4A. It's the minutes of the October 7th meeting. And we have a motion to approve those. I make that motion. Second. It's been moved and seconded. Does anybody have any issues, comments, questions? Okay, if not, all those in favor signify by saying aye. Aye. Any opposed. So we have approved the minutes, and now we go to our fun reports. John, who's gonna Yeah, Kyle Kyle walk us through these as well as the um requirements. So we have the airport uh operational and marketing data is 5A and 5B as airport financials. And Mary's not with us today, so we could probably take take uh wait for Mary to talk further when she comes back. Okay. Yeah, starting with the uh organizational objectives. Um we are close on our employments number. We may still hit it for that in the year. Um depends on what November and December look like, but uh we're pretty darn close. Um similar with uh seats available. We had a little bit of a bump in November. So that should help us get five percent. Um and uh passenger retention. I don't think we're gonna make that 20%, but we'll still keep trying for it. Um our overall passengers are steadily increasing as they have all year. Um we're at uh I think six percent year over year um altogether. And uh our load factors went down just a little bit, but it's also because our uh capacity has increased uh a little bit as well, with the actually the American capacity increasing quite a bit um over the previous month. Can we ask a question on the passenger retention? What is that exactly? So it so we have a we have a um a defined um um area um based based on the federal government, and so that's our um um a retention area as it would be. Think of it maybe as an MSA, but but a little bit more expanded. It goes up towards the cities for whatever reason, you know, we we go over to towards lacrosse, but it doesn't count lacrosse and a little bit of Iowa. And so you look at uh the volume of tickets that are actually purchased in that area, and so this that tells us what uh percentage of that that we're retaining. I see. So it's not retention of previous RST passengers, it's retention of your geographics, correct? Yeah, so uh I would say, you know, um I don't know, a couple times a year, uh maybe quarterly, we were able to pull DOT data and look within the zip codes of that area for anybody who's purchased the ticket and see where they bought it from to so forth. Yeah, yeah. And John we peaked in the 30s. We did pre-pandemic, we were right at 30 percent, but a lot of work. Um we were sub-15% at about 2015, then of course United came into the market.