JAA grew revenue, total passengers for 2015-2016 fiscal year

Oct 25, 2016
Jensen Werley, Reporter
Jacksonville Business Journal

Jacksonville Aviation Authority posted revenues of $79.6 million for the fiscal year ended Sept. 30, 6 percent increase over revenues for the previous fiscal year, when it was $75 million.

Operating income jumped 11 percent, from $27 million to $30 million.

Total passengers also grew slightly, up to 5.6 million, a 3 percent increase from the previous year.
“We are very pleased with these operating results,” said JAA CEO Steve Grossman, in a statement. “With an improving aviation landscape, we have continued to aggressively market our wonderful assets, while holding the line on expenses.”


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