Sky Harbor

Sky Harbor International Airport: Management and Operations Analysis

Christopher “happy” Mcgilvra

ASCI 645 – Airport Operations and Management

Embry-Riddle Aeronautical University

Abstract

In 1928 it was the 4th airport built in Phoenix, Arizona. Originally a private airport owned by Scenic Airways which saw the historic economic fall “Black Thursday” of the United States Stock Market. Newly formed Scenic airways did not survive, Sky Harbor was purchased by ACME investments and they owned the Airport until 1935 when the City of Phoenix purchased it for mire 100K well in the 1930’s that was significant. After World War II, Phoenix, Arizona began to grow rapidly and the original foot print of Sky Harbor was big enough to supply the growing demand of the City it was nicknamed the “the Farm” due to its perceived rural location. From the 1940’s to the present Sky Harbor has expanded to the 9th Busiest Airports in the United States and 15th in the World. Sky Harbor continues to operate as a publicly owned airport, but significantly different than most, as it uses no City, State, Federal taxes to support operations. Sky Harbor international revenue generated by the Airport itself covers all operational costs and continues to have A+ junior lien revenue bonds. With the experienced and effective management staff that Sky Harbor employs using a conservative and fiscally responsible practices the Airport continuously reports firm financial performance. With active management of the airports high bond rating, it keeps interest below the national standard. This allows the financial directors to use the revenue bonds to fund the large project and improvements for its facilities at Sky Harbor without the need of city, state dollars.

Phoenix Sky Harbor International Airport: Management and Operations Analysis

Phoenix Sky Harbor (KPHX) voted “Americas Friendliest Airport” daily serves more than 100,000 passengers and over 1200 flights. This provides nighty million dollars...