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Official Statement Airport Commission City and County of San ...

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During Fiscal Year 2008-09 approximately 77% <strong>of</strong> the passenger traffic at the <strong>Airport</strong> was “origin <strong>and</strong><br />

destination” traffic, where <strong>San</strong> Francisco is the beginning or end <strong>of</strong> a passenger’s trip, an increase over the<br />

percentage Fiscal Year 2007-08 (75%) <strong>and</strong> over the percentage (73%) that had been reported at the <strong>Airport</strong> from<br />

Fiscal Year 2003-04 through Fiscal Year 2006-07. This relatively high percentage <strong>of</strong> origin <strong>and</strong> destination traffic<br />

pattern is in contrast to many other major airports, which have a higher percentage <strong>of</strong> connecting passengers, largely<br />

as a result <strong>of</strong> airline hubbing practices. Historically, when airlines have reduced or ceased operations at the <strong>Airport</strong>,<br />

other airlines have absorbed the traffic with no significant adverse impact on <strong>Airport</strong> revenues. See “AIRPORT’S<br />

FINANCIAL AND RELATED INFORMATION–Principal Revenue Sources.”<br />

Enplanements<br />

Total Enplanements. Total enplanements at the <strong>Airport</strong> decreased 0.8% during Fiscal Year 2008-09 as<br />

compared to Fiscal Year 2007-08.<br />

The decline in total enplanements during Fiscal Year 2008-09 was primarily driven by decreases in<br />

international enplanements <strong>of</strong> approximately 344,801 (-7.6%) which was partially <strong>of</strong>fset by an increase in domestic<br />

enplanements <strong>of</strong> approximately 196,376 (1.4%). The growth in domestic enplanements during Fiscal Year 2008-09<br />

primarily reflects increases from Southwest Airlines <strong>and</strong> Virgin America Airlines. The growth in enplanements for<br />

these two airlines <strong>of</strong> 77.9% exceeded the 4.1% decline in domestic enplanements by the legacy carriers during this<br />

same time period.<br />

During the first six months (July through December) <strong>of</strong> Fiscal Year 2009-10, total enplanements increased<br />

by 386,207 (4.1%) compared to total enplanements during the first six months (July through December) <strong>of</strong> Fiscal<br />

Year 2008-09.<br />

Total enplanements at the <strong>Airport</strong> for December 2009 were 1,550,460, an increase <strong>of</strong> 3.9% compared to<br />

December 2008.<br />

(Remainder <strong>of</strong> this Page Intentionally Left Blank)<br />

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