March 2020 Report
Total Page：16
File Type：pdf, Size：1020Kb
[Type text] CORONAVIRUS CUSTOMS FACILITY REDEVELOPMENT IMPACTS CONSTRUCTION PROGRESS With the concrete foundations and slab in place, construction of the new U.S. Customs facility went vertical in March. In the photo above, which was taken on March 12, much of the steel structure is in place and work is beginning on the first-floor concrete block walls. MARCH 2020 ADDISON AIRPORT | MARCH 2020 432,767 5% 8% REVENUE IN DOLLARS FROM LAST MONTH FROM LAST YEAR 25% 27% 7,155 FROM LAST MONTH FROM LAST YEAR TOTAL AIRCRAFT OPERATIONS 27% 31% 447,983 TOTAL FUEL FLOWAGE IN GALLONS FROM LAST MONTH FROM LAST YEAR 71 18% 11% INTERNATIONAL FLIGHTS FROM LAST MONTH FROM LAST YEAR CLEARANCES Above: in a reprise of the photo that occupied this space in the February report, another Kenn Borek Air DC-3 turbine conversion (Basler BT-67) is seen landing on Runway 33 on March 5th, 2020. This aircraft (bearing Canadian registration C-GKKB) is operated on behalf of ALCI (Antarctic Logistics Centre International) a South African organization that offers flights to Antarctica from Cape Town and within Antarctica. In the background, demolition work is in progress on the east Collins hangar. The Collins hangars were built in 1958 and were the last remaining structures that were original to the airport. Inset: the ALCI logo on the tail of C-GKKB. 2 ADDISON AIRPORT | MARCH 2020 REVENUE March 2020 revenue totaled just $432,766.86 … the lowest monthly revenue total since November 2015. Revenue was $15,540 below budget and the shortfall is attributable to a shortfall of $17,721 in fuel flowage fee revenue … which of course can be attributed to reduced flight activity on account of the coronavirus pandemic. FUEL March 2020 fuel flowage totaled just 447,983 gallons, worse than even March 2009 (at 456,235 gallons) in the depths of the last recession. Flight activity in the first two weeks of March was strong, but activity – and fuel consumption – fell off dramatically as movement restrictions to curb the spread of the coronavirus took effect. OPERATIONS March air traffic fell off significantly in the second half of the month, with a total of 7,155 operations including just 2,631 IFR itinerant operations. The fall-off is of course attributable to the restrictions needed to limit the spread of the SARS-CoV-2 virus which causes Covid-19. March 1st - 12th operations totaled 3,663 (averaging 305/day) with 1,406 IFR itinerant operations. March 13th - 31st (19 days) operations totaled 3,492 (averaging 184/day) including 1,225 IFR itinerant operations. Nine days in March tallied fewer than 100 total operations. International operations were the one bright spot in March, totaling 71 for the month (56 arrivals, 15 departures). 3 ADDISON AIRPORT | MARCH 2020 CUSTOMS FACILITY CONSTRUCTION With the concrete foundations and slab in place, construction of the new U.S. Customs and Airport Administration facility has not been quite as susceptible Above: in the first half of March, the airport was busy; Above: demolition of the Collins hangars began in th the image above is the departure queue on Friday March to weather delays. Prime contractor JC earnest in early March; by March 5 much of the east th 6th. Below: the empty transient ramp at Million Air Commercial has made up time in the hangar was down. Below: by March 6 the east hangar was nothing but a pile of scrap steel. on Tuesday March 31st starkly illustrates the significant schedule and the building is rapidly traffic decline that occurred in the second half of March. taking shape. By the end of March, the first floor was framed and concrete block walls were being built. In April, decking for the second floor will be put in place and steel framing for the second floor will be erected as well. The project th is very close to being back on schedule. Below: by the end of the day on March 9 , both of the Collins hangars were reduced to piles of scrap steel. CORONAVIRUS IMPACTS Impacts from the coronavirus pandemic began in earnest near the middle of March as many states – including Texas – went under ‘lockdown’ and travel was restricted or discouraged. Air traffic was REDEVELOPMENT robust early in March but decreased significantly beginning mid-month. For PROGRESS Progress on the various redevelopment the month, air traffic and fuel flowage Top: construction went vertical on the new Customs projects around the airport continued in were at least 25% below what would facility in early March; this image shows the steel March. Most noticeable was demolition have been expected, suggesting at least nd positioned for erection as of March 2 . Above: steel of the Collins hangars to make way for a 40% drop-off (and quite possibly being erected for the new Customs facility, March 9th. the Galaxy FBO development on the more than that) in air traffic beginning Below: the new Customs facility viewed from the st southeast quadrant of the airport. Also mid-month. This is likely to be just the southwest corner of the building as of March 31 , 2020. noteworthy was the completion of the tip of the iceberg; April will give a reconstruction of the Martinaire ramp. clearer picture, as it will be the first full st month under ‘lockdown’ conditions. Below: the completed Martinaire ramp on March 31 . Most of the traffic in the latter half of the month appeared to be training aircraft, as our flight schools have continued to operate. Jet traffic has been relatively light since mid-March. 4 ADDISON AIRPORT | MARCH 2020 AROUND THE AIRPORT Above left: a 1984 Beech B36TC Bonanza landing on Runway 33 while a Cessna 340 and a Cessna 172 wait for departure on the south end of Taxiway Alpha (March 5th). Above right: another Kenn Borek turbine DC-3 (Basler BT-67) in ALCI colors sits on the ramp after clearing Customs on a rainy day (March 4th). Below left, center, and right: international traffic remined strong throughout March. These photos show (left to right) three of our regular international visitors: a Mexican-registered Hawker 800XP; a Canadian-registered Cessna C750 Citation X; and a Mexican-registered Bombardier Challenger 605. Top left: progress on Phase 2 of the Martinaire (U2 hangar) ramp reconstruction as of March 6th. Center left: the same project three days later, with the base compacted and ready to set reinforcing steel. Bottom left: the area where the Collins hangars stood, as of March 31st. Below: a Cessna C525B Citation CJ2 departs from Runway 33 (March 31st). 5 ADDISON AIRPORT | MARCH 2020 REALMASS ESTATECASUALTY PORTFOLIO: INCIDENT FY20Q2 (MCI) EXERCISE OCCUPANCY – MARCH & REVENUE 20, 2018 Note 1: Higher economic occupancy due to unbudgeted Jet / Commercial Hangar revenue relating to a transaction in which it is anticipated that a commercial lease will transition to a new ground lease. Note 2: Actual Fuel Flowage Fees exceeded (by 5%) what was budgeted for the first half of FY20. REAL ESTATE NOTES • Following up on responses to the RFP to lease the city- owned commercial hangars located at 4666, 4680, and 4700 Glenn Curtiss, design planning and facility requirements are being assessed by the new prospective airport tenant selected through that RFP process. • While demolition of the Collins (A1 and A1a) Hangars began in late January, very little visible progress was made until early March, after the original demolition sub-contractor was replaced. • Airside access to the fuel farm was permanently re- routed from the now-demolished Taxilane Quebec to George Haddaway Road in March. The airfield access gate was moved east, putting most of the road inside the airport perimeter fence. A project to reconstruct George Haddaway Road is currently out for bids. 6 .