The Metropolitan Airports Commission and MSP International Airport

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The Metropolitan Airports Commission and MSP International Airport Brian Ryks, Executive Director and CEO Metropolitan Airports Commission

My Flight Track Duluth Aberdeen St. Cloud Twin Cities Grand Rapids Denver

MAC: A Different Approach to Government Public corporation created by Minnesota Legislature Owns and operates airports within 35 miles of downtown St. Paul and Minneapolis MSP International Airport Six general aviation airports User-fee based funding Limited property taxing authority unused since 1960s

Board Composition Governor appoints chairman and 12 commissioners (eight metro, four greater Minnesota) who serve four-year, staggered terms Minneapolis and St. Paul mayors each appoint one

600-person staff Operates much like a city, with its own: Police Fire 9-1-1 dispatch Building inspection Planning Maintenance Department 20,000 jobs directly tied to MSP operations

Connecting you to your world Providing your best airport experience 1. Safety, Security and Preparedness - Keep our airports safe and secure 2. Customer Experience - Delight our passengers. Renew our airports to continually evolve our customer experience 3. Air Service Grow and enhance air service at MSP 4. Economic Maintain our competitive cost structure while maximizing our airports economic benefit 5. Engagement Grow and enhance the narrative. Lead conversations and leverage communication tools to engage the public 6. Innovation Through opportunities in technology and sustainability 7. Talent Be a model employer by engaging and investing in our workforce, focusing on diversity, inclusion and equity

The MAC Airport System

MAC Airport System Operations 1200000 1,095,141 1000000 800000 753,313 600000 400000 200000 0 1 2 3 4 5 6 7 8 9 10 11 Reliever Operations 562,902 530,726 449,619 423,931 389,843 377,093 386,383 363,190 332,383 306,532 348,701 MSP Operations 532,239 477,212 452,972 450,044 432,395 437,075 436,506 425,332 431,418 412,586 404,612 Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Conservative Financial Approach Conservative forecasting: nowhere to turn except reserves or short-term financing Financial model predicated only on originating and destination passengers Maintain six-month reserve AA- bond rating

Cost Per Enplaned Passenger (CPE) Airport Forecast 2016($) Newark 30.14 John F. Kennedy-New York 25.94 Washington-Dulles 24.43 Miami 20.44 La Guardia-New York 18.87 Los Angeles 16.89 San Francisco 16.78 Chicago O Hare 15.80 Boston 14.94 Philadelphia 14.74 Denver 13.64 Washington-Reagan 13.61 Las Vegas 12.07 Seattle 11.43 Detroit 10.60 Portland 10.50 San Diego 10.49 Dallas-Fort Worth 10.32 Houston-Bush Intercontinental 10.18 Baltimore 9.82 Minneapolis-St. Paul 6.53 Phoenix 6.15 Orlando 5.58 Atlanta 5.37 Tampa 5.02 Fort Lauderdale-Hollywood 4.81 Salt Lake City 4.03 Charlotte-Douglas 1.58 Airline costs per boarding passenger are significantly less at MSP than at most large hub airports. Average 12.53

2017 MAC Finances Operating revenue: $354,026,692 Operating expense: $180,771,968 Debt service: $101,712,630 Outstanding debt: $1.6 billion House Transportation Policy and Finance Committee

Minneapolis-St. Paul International 16 th busiest airport in North America (passengers) 15 th busiest in operations Delta Air Lines 2 nd largest hub

Recent Accolades Top 10 Best Airport, Skytrax Excellence in Concessions, Airports Council International Environmental Leader Project of the Year, Environmental Leader Project Awards Top 10 US Airport, Conde Nast Traveler 5 th Most Affordable Large U.S. Airport, Cheapflights Travelers Choice Favorite, Trip Advisor Sustainable Infrastructure Award, Airports Going Green Technology and Innovation Award, MnDOT Office of Environmental Stewardship 3 rd Most Efficiently Managed Airport in the World, Air Transport Research Society Top 5 in the World Easiest to Get To, MSN America s Best Bathroom, Cintas

Air Service Development 2 nd Largest Delta hub Sun Country Base Additions since 2008: Alaska Air, 2008 Southwest Airlines, 2009 Spirit, 2012 Air France, 2013 Condor, 2014 Boutique, 2016 Air Choice One, 2016 KLM, 2017 Competitive incentives program

Air Service Added in 2016-2017 Ten airlines added a total of 24 additional routes from MSP in 2016 and 2017. MSP now enjoys competitive air service on a record 53 of its total 155 direct routes.

Passenger Numbers Near Record Levels 40,000,000 37,604,373 37,500,000* 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 0 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 *2016 estimated.

2017 Improvement Highlights Improved passenger flow between levels of Terminal 1 5,000 space parking ramp, new exit plaza and roadways

2017 Improvement Highlights 300-room Intercontinental hotel and conference center

Preparing for the Future Continue to implement the 2030 long-term comprehensive plan. MSP is likely to serve more than 50 million passengers annually by 2035. To meet demand, the MAC plans to invest $1.6 billion in airport improvements over the next several years and $2.5 billion by 2035.

$1.9 Billion Visitor Spending 76,340 Jobs $3 Billion Employee Earnings 2016 Passenger Levels Near Record 1,100+ Daily Flights $10.1 Billion Total Economic Output $611 Million Tax Revenues $5.7 Billion Direct Economic Impact The region s job growth, economic output, and businesses all depend on having strong connections to the world, and MSP nurtures those connections to keep our economy robust.

Questions? Join our news network: Metroairports.org MSPAirport.com Follow us: twitter.com/mspairport facebook.com/mspairport Instagram: @mspairport