Fresno Yosemite International Airport image via City of Fresno.
Written by The Business Journal Staff
The skies were truly the limit at Fresno Yosemite International Airport in 2018.
Officials announced Friday afternoon that a record-breaking 1.7 million travelers were serviced at the airport in calendar 2018, surpassing by 14 percent the calendar 2017 record of 1.5 million, according to a news release.
“This significant achievement is driven by the support from travelers, businesses, community leaders as well as airline and airport partners all who play a key role in the Airport’s continued growth,” said Director of Aviation Kevin Meikle. “As the new year begins and the Airport continues to grow, preparations on the FATforward expansion program has begun and a new surface parking lot is scheduled to open in the summer.”
Expanded service, transitions to larger aircraft and the launch of service to new destinations in calendar 2018 contributed to record-settings passenger traffic.
FATforward is the largest expansion program in the airport’s history and will include a $115 million multi-year program that will include terminal and parking expansions and a new international arrivals facility. The expansion is expected to be operational by late 2022.
Record passenger growth in 2018 contributed to an annual economic impact of $844 million to the regional economy and an employment base of 9,800 direct, induced and indirect jobs. Citing strong financial performance and record passenger levels, the airport received a two notch upgrade in 2018 from Standard and Poor’s Global Ratings from ‘BBB+’ to ‘A’, with a Stable Outlook.