Airport closes year with $10 million in cash reserves

Punta Gorda Airport served nearly 1.6 million passengers in 2018, has banked $10 million in reserves.

  • By Business Observer Staff
  • | 6:34 a.m. January 10, 2019
Punta Gorda Airport took in $14.5 million in revenues in 2018 over $10.3 million in expenses while increasing passenger count by 22%.
Punta Gorda Airport took in $14.5 million in revenues in 2018 over $10.3 million in expenses while increasing passenger count by 22%.
  • Charlotte–Lee–Collier
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PUNTA GORDA — Marking a 22% annual increase in passenger count, the Charlotte County Airport Authority reported nearly 1.58 million travelers passed through the airport’s gates in 2018. In 2017, PGD served nearly 1.3 million passengers, according to a statement, figures that continue a trend of annual increases arrivals and departures at the airport. 

 

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