Friday, May 24, 2024
71 F

Record Year at Orlando International Airport

This year’s Spring Break record comes on the heels of another record-setting year at Orlando International Airport.

All the numbers are in and in 2023, MCO experienced a 15 percent increase in overall traffic, bringing the total number of passengers to an historic 57.7 million for the year.

According to airport officials, international traffic completely rebounded to pre-pandemic levels with 26.7 percent growth and 7 million travelers.

Domestic traffic continued to reach new highs topping 50.7 million passengers, which is a 13.6 percent increase.

It doesn’t look like air travel to Orlando is slowing down much either.

With Spring Break 2024 in Central Florida upon us, MCO is expecting a record 11 percent increase in passengers over the previous record set last year, according to airport officials. In fact, Chief Executive Officer of the Greater Orlando Aviation Authority Kevin Thibault said “this growth is actually a continuation of what we saw in 2023.”

Encouraged by robust passenger traffic and an ambitious strategic plan, Moody’s Investors Service has favorably evaluated several of the Greater Orlando Aviation Authority’s (GOAA) key financial benchmarks. Moody’s revised the outlook on GOAA’s outstanding bonds from stable to positive; affirmed the Aa3 rating on the Aviation Authority’s outstanding senior lien revenue bonds: and affirmed the A1 rating on outstanding priority subordinate lien revenue bonds.

The outlook’s upward revision to positive was driven by the ratings agency’s expectation of GOAA’s continued strong performance, which supports maintenance of strong financial metrics even through the implementation of Orlando International Airport’s capital improvement program. Moody’s also noted that GOAA benefits from well-diversified air service offerings and a near-monopoly position for air travel to one of the primary tourism destinations in the world.

General aviation activity has also been on a steady upward trajectory at Orlando Executive Airport (ORL).

The Greater Orlando Aviation Authority is proud to operate Orlando International Airport (MCO) and Orlando Executive Airport (ORL), two of Florida’s premier air travel gateways. MCO is a world-class global connector, serving more than 58 million annual passengers in its Main Terminal and Terminal C. ORL is conveniently located just miles from downtown Orlando and provides vital general aviation access to the heart of the region.

Related Articles


Please enter your comment!
Please enter your name here

- Advertisement -

Latest Articles