Pittsburgh Patrika January 2022

The Pittsburgh Patrika, Vol. 27 No 2, January 2022
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microgrid generates 20 MW of power while its needs are only 14 MW.
(source: www.tinyurl.com/Microgrid-at-PIT).
Meanwhile, the Pittsburgh region slowly has redefined itself in terms of
financial service companies, higher education, innovative technologies
(robotics and AI), as an incubator
for startups, and healthcare industries.
Along the way, the Pittsburgh airport too
grew. From barely 70 daily flights after
the US Airways shut down to over 170
daily flights today; from just over 6 million
passengers/year at its nadir to over
9 million passengers/year now; from just
under 10 air carriers to 17 air carriers at
PIT now with more nonstop flights to
more cities. The airport’s freight handling
too has increased over the years. Mr. David Minnotte Chairman,
Deciding not to seek funds from local Allegheny County Airport Authority at
taxes, ACAA took the plunge to modernize
the airport terminal with its own resources. The work started as early
the podium.
as 2017, but the 2020 Covid pandemic stalled the work.
With the fear of the Covid-19 receding, the 4-year, $1.4 billion
modernization project has started. Its main features as detailed by
Messrs. Fitzgerald, Cassottis, and Minnotte in their speeches are:
1. The project is funded without local taxes. The businesses that use the
airport — the airlines who use the airport (landing fees and gate rentals),
the concession shops at the terminal, and passengers using the facility will
bear the cost. The funds will be raised through bonds issued by ACAA on
its own strength. (Note: For the same reason, if the modernization results
in a resurgence of the airport’s fortunes generating good net incomes year
after year, one wonders whether ACAA will be obligated to fund projects
outside the airport — such as a light rail transit from the airport to the city.
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