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Home My WebLink AboutLIT MPAC Presentation 6-20-17Master PlanBill and Hillary Clinton National AirportMaster Plan Advisory Committee Meeting #2June 20, 2017 2Bill and Hillary ClintonNational AirportLIT523Meeting AgendaIntroductionsRefresher from Master Plan Advisory Committee (MPAC) Meeting #1:―Master plan goals, objectives, project status―Aviation forecasts summary―Key master plan SWOT takeawaysFacility requirementsPreliminary concept alternativesFinancial capacity analysisNext steps Refresher from MPAC #1 4Bill and Hillary ClintonNational AirportLIT523Master Plan Goals and ObjectivesMaster PlanEnhance safety & regulatory complianceMaintain competitive costsEnhance operations & facilitiesAddress known deficienciesEnsure high levels of serviceCapitalize on opportunitiesProvide flexibility for changing conditions 5Bill and Hillary ClintonNational AirportLIT523The Master Plan Project StatusTechnical analyses and opportunities for stakeholder and community inputData CollectionPlanning AnalysisProject kick‐offStakeholderInputStakeholderInputStakeholderInputStakeholderInputTechnical Memos (x2)Technical MemoAlternativesAnalysisAlternativesAnalysisAlternativesAnalysisStakeholderInputStakeholderInputStakeholderInputStakeholderInputStakeholderInputStakeholderInputTechnical MemoExhibit A Property MapSafety Risk Mgt. PlanTechnical MemoCapital Imp. ProgramMaster Plan ReportInventoryForecast DemandFacility RequirementsAlternativesAnalysisRecommended DevelopmentPlanImplementationPlanAirport LayoutPlan (ALP)Current status 6Bill and Hillary ClintonNational AirportLIT523800,000900,0001,000,0001,100,0001,200,0001,300,0001,400,0001,500,0002006 2011 2016 2021 2026 2031 2036EnplanementsPassenger Enplanement Forecast Passenger enplanements are forecast to grow 1.2% to 1.6%1,314,0301,371,6451,268,755Historical Scenario One Scenario Two Scenario Three1,182,9351,099,3951,031,5301,253,6401,152,6401,056,2251,209,9251,120,9901,045,170 7Bill and Hillary ClintonNational AirportLIT523General Aviation Aircraft Operations ForecastGeneral aviation operations are forecast to grow between 0.3% to 0.5%Historical Trend Scenario One Scenario Two Scenario Three30,00035,00040,00045,00050,00055,00060,00065,00070,0002006 2011 2016 2021 2026 2031 2036Operations56,19055,08054,26053,45552,66057,33055,78554,37055,08053,99052,92553,075 8Bill and Hillary ClintonNational AirportLIT523Strengths, Weaknesses, Opportunities and Threats (SWOT) AssessmentIdentify facility demand levels that trigger needs for future developmentProvide development program that makes efficient use of airport land and maximizes revenue generationIdentify types of general aviation use that will foster the airport’s missionBuild on the success of Dassault Falcon to attract complimentary developmentProvide interim recommendations for terminal improvements until Phase 2 improvements are triggeredKey takeaways Facility Requirements 10Bill and Hillary ClintonNational AirportLIT523Airfield RequirementsForecast operations represent 51% ‐55% of airfield operational capacity over planning horizon; additional runways are not requiredThe runway system has adequate capacity for future activity 11Bill and Hillary ClintonNational AirportLIT523Airfield RequirementsAirfield layout and operational requirements 12Bill and Hillary ClintonNational AirportLIT523Airfield RequirementsAccommodate irregular operations (i.e., cargo diversions) and remain overnight aircraft without closing runways or taxiwaysIncrease operational safety and reduce confusion between the ends of Runways 36 and 4LIncrease efficiency of departing traffic ground maneuvering at the end of Runway 22RAccommodate helicopter parking needsProvide location(s) for engine maintenance run upsEliminate 79’ wingtip clearance restriction for taxiing aircraft at the south end of Taxiway Alpha Future taxilane from Dassault Falcon Jet to Taxiway Papa (North of Zulu)Future parallel taxiway east of Runway 4R‐22L (previous ALP)Relocation of Roosevelt Road to Fouche Creek (previous ALP)Future holding aprons at north and south ends of Taxiway Foxtrot (previous ALP)Airfield improvements to be considered 13Bill and Hillary ClintonNational AirportLIT523General Aviation Facility RequirementsPotential need for additional tiedownsOlder hangars in need of rehabilitation or replacement (SWOT)Inefficient use of existing space (SWOT)Planned TacAir group storage hangarAdditional hangars provided as demand materializes or hangar conditions dictateLarger corporate hangars expected to be in highest demand (SWOT)General Aviation FacilitiesNo additional general aviation space is required, but operational improvement could be madeRunway 18/36Planned TacAirgroup storage hangar 14Bill and Hillary ClintonNational AirportLIT523Air Cargo and Airport Support Facility RequirementsMulti‐purpose apron for air cargo diversionSupport facilities are adequateDassault FalconFueling facilitiesARFF andAir Cargo FacilitiesATCTMaintenanceDassault Falcon FacilitiesMulti-Purpose Apron LocationNo additional cargo or support facilities are required, but operational improvement could be made 15Bill and Hillary ClintonNational AirportLIT523Passenger Terminal RequirementsPhase 1: central utility plant; security screening checkpoint; terminal commonsPhase 2: new baggage claim area, 2 “swing gates” and space for future FISPhase 3: remainder of level 2 terminal commonsPhase 4: new 13‐gate concourse with amenitiesPassenger demand will not be the “driver” of future expansionLevel of Service analysis performed to identify triggers for terminal redevelopmentAdjust or revise phasing based on results of Master Plan studyA “Terminal Redevelopment Plan” (TRP) was previously approved by the Airport Commission 16Bill and Hillary ClintonNational AirportLIT523Passenger Terminal RequirementsTwo primary functions assessed: Baggage Claim (Phase 2) and HoldroomAreas (Phase 4) International Air Transport Association (IATA) defines LoS C as the industry accepted standard; LIT passenger satisfaction survey indicated 99% satisfaction rating which implied existing terminal meets LoS A standardsLevel of Service (LoS) is measurement of comfort by passengers using the terminal facilityLIT standardIndustry standard 17Bill and Hillary ClintonNational AirportLIT523Passenger Terminal Requirements0100200300400500600105 110 120 130 142Baggage Claim Frontage (linear feet)Peak 20-Min PassengerBaggage Claim FrontageLevel of Service AssessmentBaggage claim frontage as proposed on TRPLoS A standard at 3.0 lf frontage per person (ACRP)LoS B standard at 2.0 lf frontage per person (ACRP)LoS C standard at 1.5 lf frontage per person (ACRP)(2016) (Phase 1)(Phase 2) (Phase 3) (Phase 4)010,00020,00030,00040,00050,00060,00012 12 14 14 15Holdroom Area (square feet)Aircraft GatesHoldroom AreaLevel of Service AssessmentHoldroom area as proposed on TRPLoS A ADG‐III holdroom based on 145 seat aircraft (ACRP)LoS B ADG‐III holdroom based on 145 seat aircraft (ACRP)LoS C ADG‐III holdroom based on 145 seat aircraft (ACRP)(2016) (Phase 1)(Phase 2) (Phase 3) (Phase 4)Baggage claim is more than adequate for LoS A; holdroom LoS inadequate until final phase 18Bill and Hillary ClintonNational AirportLIT523Terminal Roadway and Curbside RequirementsThe existing terminal roadways and curbside lengths are sufficient to meet demand - 200 400 600 800 1,000 1,200Vehicles per hourTerminal Roadway TrafficTerminal RoadwayTerminal roadway capacity is sufficient for future demand, including parking, rental car and curbsidetraffic (drop off, commercial, meter and valet)The curbside length is sufficient for future demand, even given the assumption that curbside demand will increase in the future (e.g., Transportation Network Companies) - 200 400 600 800 1,000 1,200 1,400 1,600Length (ft)Curbside LengthCapacityCapacityexcludingmeter parkingCapacityexcludingmeter andvalet 19Bill and Hillary ClintonNational AirportLIT523 - 1,000 2,000 3,000 4,000Peak Parking Demand by Month201620172018201920202021202220232024Public Parking RequirementsThe seasonal nature of airline traffic drives variability in parking requirementsBy 2020, total parking demand may exceed supply in the peak months (May –July)Replacement parking or new garage will be required prior to terminal expansionMetered parking at curbside is a customer service, somewhat unique to small hubsDemand calculated using April 2017 occupancy, adjusted for monthly airline activity levelsSupply of public parking is adequate to meet future demand, except during peak summer monthsDemand Capacity Enplanement Growth Preliminary Concept Alternatives 21Bill and Hillary ClintonNational AirportLIT523Airfield AlternativesEliminate 5‐way intersection with relocated Taxiway “P” / Taxiway “B” & “D” connectors 22Bill and Hillary ClintonNational AirportLIT523Airfield AlternativesEliminate 5‐Way intersection with Taxiway “C” extension 23Bill and Hillary ClintonNational AirportLIT523Airfield AlternativesImprove ground maneuvering efficiency with bypass taxiway –Runway 22R 24Bill and Hillary ClintonNational AirportLIT523Airfield AlternativesAccommodate irregular operations 25Bill and Hillary ClintonNational AirportLIT523Airfield AlternativesAccommodate irregular operations – larger ramp 26Bill and Hillary ClintonNational AirportLIT523Airfield AlternativesEliminate runway to ramp direct access locations 27Bill and Hillary ClintonNational AirportLIT523Airfield AlternativesEliminate 79’wingtip clearance restriction at Taxiway “A” south 28Bill and Hillary ClintonNational AirportLIT523General Aviation AlternativesProvide additional hangar development and tie down areas – Carrier property redevelopment 29Bill and Hillary ClintonNational AirportLIT523General Aviation AlternativesProvide additional hangar development ‐Timex area 30Bill and Hillary ClintonNational AirportLIT523General Aviation AlternativesProvide additional hangar development and tie down areas ‐North GA Apron 31Bill and Hillary ClintonNational AirportLIT523Ground Transportation AlternativesFuture Terminal ExpansionFuture Terminal CurbsideProposed Parking GarageProposed Employee Parking LotProposed Traffic SignalExisting Parking GarageExisting Terminal BuildingExistingEmployee Parking LotConcept #1: Construct new parking garage adjacent to expanded terminal building 32Bill and Hillary ClintonNational AirportLIT523Ground Transportation AlternativesProposed Surface Parking LotRealigned Temple StreetProposed Traffic SignalProposed Surface Parking LotRealigned Terminal RoadwayExisting Parking GarageFuture Terminal ExpansionFuture Terminal CurbsideProposed Employee Parking LotExisting Terminal BuildingExistingEmployee Parking LotConcept #2: Realign roadways and construct new surface parking 33Bill and Hillary ClintonNational AirportLIT523Ground Transportation AlternativesFuture Terminal ExpansionFuture Terminal CurbsideProposed RAC/Parking GarageProposed Employee Parking LotProposed Traffic SignalExisting Parking GarageExisting Terminal BuildingExistingEmployee Parking LotConcept #3: Construct new RAC / parking garage adjacent to expanded terminal buildingProposed Surface Parking Lot Financial Funding Capacity 35Bill and Hillary ClintonNational AirportLIT523Financial MetricsLIT is already above median CPE, but has a strong cash balance and no debt.Cost per Enplanement Days Cash on HandThe Commission’s intentional plan to extinguish its prior debt in 2015 has opened up borrowing capacity for these projectsKey considerations will be acceptable financial metric targets after the issuance of new debt to finance terminal redevelopment―Airline CPE, cash balance and flow, debt service coverage, terminal rental rates, etc. 36Bill and Hillary ClintonNational AirportLIT523Funding SourcesCommission cash―Use discretionary cash balances and Terminal Fund ($12.3M balance as of 5/31/2017)―Issue bonds and rely on airport revenues to pay debt service―Explore opportunities for increasing revenues: Parking, hotel, travel plaza, valet, pet carePFCs – current approvals only use collections through mid‐2020―A portion of the Terminal Redevelopment is likely PFC‐eligible (exact percentage unknown)―Currently, PFC revenues are being utilized for other pay‐as‐you‐go projects―Could borrow PFCs before 2021, but would require cash flow management; not problematic State grants may be a possibility―Historically have totaled less than $1M per year, so could be material but not game‐changingAIP – assumed will not be available for terminal projects―Entitlement: Will continue to be directed to the airfield―Discretionary: Terminal Redevelopment will not draw high enough federal priorityCFCs unlikely to be a material funding source―Little to no rental car related project workMost funding will likely come from airport cash (balances, revenues, and bonds) and PFCs. 37Bill and Hillary ClintonNational AirportLIT523Annual Debt Service and Corresponding Project CostProjects could require approximately $27M in annual debt service, not accounting for coverage. 38Bill and Hillary ClintonNational AirportLIT523Annual Cash Flow vs. Debt Service RequirementsLIT has capacity to borrow for a $100M project immediately; larger projects will require planning.Note: 2017 reflects Commission budget; future years do not assume incremental revenues or expenses from project implementation (i.e. reflect status quo projected forward.) 39Bill and Hillary ClintonNational AirportLIT523Next Steps in the Financial AnalysisRefine assumptions―Currently a preliminary analysis and will continue to be an iterative process•Assumptions on revenues, expenses, etc. subject to ongoing discussion and refinementExplore management options―Reduce overall cost of projects; initial indications that $350M cannot be afforded under status quo―Increase costs recovered from airlines through increased terminal rental rates•Borrowing will add debt service costs to the terminal rental rate calculation―Seek funding sources beyond airport revenues and PFCs: State/local grants, other 3rdparties―Improve existing and develop new non‐aeronautical revenue sources (parking, etc.)―Model adjustments in project timing, cash utilization (e.g. large down payment), etc.Analyze alternative scenarios―Currently using traffic forecast with 1.4% annual growth; need to look at stress tests―Vary assumptions for outside factors’ impact to revenues, expenses, interest rates, etc.What does this mean and where do we go? Next Steps 41Bill and Hillary ClintonNational AirportLIT523Next StepsPublic information meeting June 21stRefinement of concept alternativesSelection of a recommended development planEnvironmental reviewDevelop the implementation plan Update financial feasibility assessment**This presentation will be emailed to MPAC members 42Bill and Hillary ClintonNational AirportLIT523Questions and Closing Remarks