New ETF Book by Larry Connors - Click here to read more
"They tried this on an experimental basis and found it very successful," says Peter Horton, manager of Monroe County's airports.
The County Commission has approved waiving landing fees at Key West International Airport for the first year of service. It's an incentive that Horton said is standard practice to help new airline service get off the ground.
"In the meantime, we will be getting revenues for rent, for utilities, security fees, car rental revenues. On top of that, the [Federal Aviation Administration] pays us $12.50 for each passenger. That could net some $250,000 even with light plane loads," he said.
Horton said he expects the two round trips daily to be at least as popular as those provided by Delta Airlines into Atlanta. For years, most carriers led to connections in Miami, Fort Lauderdale or Tampa.
"Now if you could just get them to fly into Marathon," County Commissioner George Neugent said.
Horton said he'd love to see the US Airways connection from Charlotte stopping at Florida Keys Marathon Airport, but he's not sure it's a good time for that kind of expansion.
"In this market, where airlines are cutting back capacity by 15 percent nationwide, and industry analysts say this could just be the beginning, it's just not likely," he said. "It's a contracting market, but that's why we're so excited about the new Key West service."
Still, he said he expects to have some good news for Marathon, jilted time and again by carriers that promise service and then don't deliver, at the Aug. 20 County Commission meeting: Cape Air agreeing to fly between Marathon and Fort Myers three times a day.
"We're drafting a contract with Cape Air, flying as the Continental Connection," Horton said. "Service would start Dec. 19 and run until mid-April."
He added, "Cape Air will only commit for the season at this point. They want to see what happens."
Last year, Delta signed a contract with the county for a year of service, flying between Marathon and Atlanta. But six months into the arrangement, Delta pulled out.
To see more of the Keynoter, or to subscribe to the newspaper, go to http://www.keynoter.com. Copyright (c) 2008, Florida Keys Keynoter, Marathon Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
15260 Ventura Blvd., Ste. 2200
Sherman Oaks, CA 91403
© Copyright 2009 The Connors Group, Inc.
