New Parking Rates Effective June 1, 2017 at Tri-Cities Airport
FOR IMMEDIATE RELEASE
Thursday, April 20, 2017
Blountville, TN—New parking rates will go into effect beginning June 1, 2017, at Tri-Cities Airport. The new rates were approved by the Tri-Cities Airport Authority today. Current parking rates were last adjusted in 2010.
Parking revenue provides approximately 32% of the airport’s total operating revenue. Airport officials report that developing additional operating revenue to meet projected operating expenditures is needed.
“The significant reduction in state airport funding over the past several years, and into the foreseeable future, has created a need for the airport to be more self-sufficient in funding future capital expenditures,” said Patrick Wilson, Tri-City Airport Authority executive director.
Estimates indicate the parking rate adjustments will generate approximately $250,000 in additional annual parking revenue to fund increasing operating and capital expenditures.
Airport staff conducted a parking rate survey of 25 southeast airports. Tri-Cities Airport’s new rates remain below the average of all 25 southeast airports, even when broken down by Tennessee airports and competing airports.
For individuals picking up passengers, a cell phone waiting lot is located off Terminal Loop Road, just outside the park lot exit. The cell phone waiting lot is free, but visitors must wait in their vehicle until the passenger(s) have arrived, and then exit the lot and drive to the baggage claim curb to pick up passengers.
For additional information regarding parking, please visit the airport’s parking information here or visit www.triflight.com/passenger-guide/parking/.
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Tri-Cities Airport (TRI) is a full-service commercial airport serving Northeast Tennessee, Southwest Virginia, Western North Carolina, and Eastern Kentucky. TRI offers non-stop flights to four hubs (Atlanta, Charlotte, Orland/Sanford, and St. Pete/Clearwater/Tampa) on Allegiant, American, and Delta. For more information about Tri-Cities Airport, visit www.triflight.com.