Olivencia, Mildred

From: Sent: To: Subject:

Olivencia, Mildred Monday, May 09, 2016 12:26 PM Olivencia, Mildred FW: Inquiry: LGAIJFKIEWR

From: Ardis Giles [mailto:ardis.giles@srsfund.com] Sent: Friday, May 06, 2016 3:47 PM To: Duffy, Daniel <dduffy@panynj.gov> Subject: Inquiry: LGAIJFKIEWR

Hello,

FOI #16922

My name is Ardis and I work at SRS Investment Management. We are a research firm and are currently doing work on the Travel & Leisure sector.

As we understand it, a portion of airport fees comes from concessions from car rental companies.

We were hoping to receive car rental revenue by brand by month to assess the overall health of the travel market.

Could you please send me car rental gross revenue for JFK/EWR/LGA from October 2015 to March 20167

Thank you and I look forward to hearing from you.

Ardis Giles SRS Investment Management, LLC One Bryant Park, 39,1i Fl., New York, NY I 0036 0: 212-520-7924 I F: 212-810-4080 ardis.giles@srsfund.com

This communication and any attachments may contain information that is confidential, proprietary, privileged or otherwise protected by law. This communication is intended only for the person(s) to whom it is addressed. If this communication has been sent to you in error, please do not read, disclose, reproduce, distribute, disseminate or otherwise use or take action in reliance upon this message or any of its attachments. Please inform the sender by e-mail that this message has been sent to you in error and immediately delete all copies of this message and its attachments. Delivery of this e-mail to a person other than the intended recipient(s) shall not constitute a waiver of privilege or confidentiality. This communication, including any attachments, is neither an offer to sell nor a solicitation to invest. Any such offer or solicitation shall be made solely by way of the confidential offering memorandum or private placement memorandum of the relevant fund(s). Any representation to the contrary is unintentional. SRS reserves the right to monitor, intercept, retain and block all communications involving the SRS network as permitted by applicable law. Communications sent through the SRS network may be subject to review by someone other than the recipient or may be produced at the request of regulators or in connection with civil or criminal litigation.

THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY RECORD REQUEST FORM

Action by (print/type name):

!Danny Ng I , Freedom of Information Administrator

Signature: Date:

IQ---- i

:os11 s12016

On behalf of the Secretary of the Port Authority, as Records Access Officer and Custodian of Government Records of the Port Authority.

1,{'· \ :

'{' I , i ;

The requested records are being made available.

Any responsive records that may exist are currently in storage or archived, and a diligent search is being conducted. The Port Authority will respond by j

A diligent search has been conducted, and no records responsive to your request have been located.

The requested records that have been located are not being made available, as they are exempt from disclosure for the following specific reasons:

Some requested records that have been located are being made available. The remainder are exempt from disclosure for the following specific reasons:

The request does not reasonably describe or identify specific records; therefore, the Port Authority is unable to search for and locate responsive records. Please consider submitting a new request that describes or identifies the specific records requested with particularity and detail.

Other:

Please see attached letter.

This form is promulgated by the Port Authority pursuant to the Port Authority Public Records Access Policy and is intended to be construed consistent with the New York Freedom of Information Law and the New Jersey Open Public Records Act. It is intended to facilitate requests for Port Authority public records and does not constitute legal advice.

Page 1

May 18, 2016

Mr. Ardis Giles SRS Investment Management One Bryant Park, 39th Floor New York, NY 10036

Re: Public Records Access No. 16922

Dear Mr Giies:

THE PORT AUTHORITY OF NY & NJ

FOi Administrator

This is in response to your May 6, 2016 request, which has been processed under the P011 Authority's Public Records Access Policy, copy enclosed, for copies ofrecords related to car rental gross revenue for John F. Kennedy Intrnational, LaGuardia and Newark Libe11y International Airports from October 2015 to March 2016.

Material responsive to your request can be found on the P011 Authority's website at http://corpinfo.panynj.gov/documents/16922-0/. Paper copies of the available records are available upon request.

Please refer to the above Public Records Access reference number in any future correspondence relating to your request.

Very truly yours,

Danny Ng FO I Administrator

Enclosure

4 World Tracie Cente1; 18th floor 7 50 Greenwich c;treet /\Jew YO! k, IVY I ()007 I. 212 435 5642 F 212 435 7555

JAN

On-Airport Advantage

Alamo Avis Budget Dollar Enterprise Hertz National Payless Trifty Total-On Airport

Off-Airort FlightCar TBD

TBD

Total-Off Airport

Grand Total

LaGuardia (LGAJ

31.9,514

$452,816 1,108,271

71'5, 585 375,658 .912,450

1,607,135 1,203,211

267,446 102,476

$7,064,562

***

$0

$7,064,562

Jan-16

Kennedy Newark (JFK) (EWRJ

468,471 472,411 1,053,735 7.96,23.9

1,382,719 2,412,716 1,103,643 l,008,743

600,708 566,850 1,114,.911 1,43.9,8.97 l,960,837 3,150,346

734,177 2,325,862 172,506 176,000 230,783 220,008

$8,822,490 $12,569,072

*** 6, 636

$0 $6 r 636

$8,822,.490 $12,582,344

FEB

Feb-16

La Guardia Kennedy Newark On-Airport (LGA) (JFK) (EWR)

Advantage 305,995 420,823 470,412

Alamo 4l0,464 800,596 625,061 Avis 1,087,657 1,170,478 2,479,533 Budget 649,669 783, 731 890,709 Dollar 338,545 499,957 468,685 Enterprise 854,753 719,354 1,293,493 Hertz 1,687,237 1,740,003 3, 3 06, 982' National 1,320,554 744,723 2,555,287 Payless 286,511 145,047 217,189 Trifty 129,300 194,367 206,385 Total-On Airport $7,070,685 $7,219,079 $12,513,736

Off-Airport

FlightCar 12,194 TED TED

Total-Off Airport $0 $0 $12,194

Grand Total $7,070,685 $7,219,079 $12,525,930

Mar

Mar-16

LaGuardia Kennedy Newark On-Airport lLGA) (JFK) (EWRJ

Advantage 357,369 497,783 579,012

Alamo o66,3l.9 969,147 882,066 Avis l, 368, 412 1,377,272 3,036,210 Budget 783,399 1,008,642 l,246,380 Dollar 421,091 699,858 659,032 Enterprise 958,229 976,685 1,528,720 Hertz 1,829,032 1913816 3,719,731 National 1,632,694 868,868 2,990,605 Payless 268,511 145,047 217,189 Thrifty 219,944 303,919 315,214 Total-On Airport $8,505,000 $8,761,037 $15,174,159

Off-Airport

Flightcar 6,267 TBD

TBD

Total-Off Airport $0 $0 $6 ,267

Grand Total $413,297 $8,505,000 $8,761,037 $15,180,426

JAN

On-Airport Advantage

Alamo Avis Budget Dollar Enterprise Hertz National Payless Trifty Total-On Airport

Off-Airort

TBD

TBD

TBD

Total-Off

Grand Total

· {LGAJ 198,329

*** l,111,638

768,232 397,294 996,.771

l,574,404 939,925 228,912

69,814 $6,285,319

$0

$6,285,319

Jan-15

Kennedy {JFK)

235,781 894,674

l,325,630 l,013,585

815,001 900,487

2,233,820 862,201 175,053 317,411

$8,773,643

$0

$8;773,643

Newark {EWRJ

295,590

843,625 2,540,298

948,769 707,250

l,240,949 3,453,866

2,214,200 176,266

232, 634 $12,653,447

$0

$12,653,447

FEB

Feb-15

LaGuardia Kennedy Newark On-Airport (LGA) (JFK) (EWR)

Advantage 193,835 202,378 259,187

Alamo 614,700 671,608

Avis l,104,822 l,232,617 2,595,381 Budget 633,089 650,686 784,711 Dollar 429,262 766,765 737,472 Enterprise 898,344 623,030 1,093,114 Hertz l,639,371 l,994,020 3,448,489 National l,062,540 817,694 2,528,902 Payless 199,954 137,606 145,327 Trifty 93,854 227,010 185,494 Total-On Airport $6r255,07l $7r266,506 $12,449,685

Off-Airport

TB:b TBD TBD

Total-Off Airport $0 $0 $0

Grand Total $6,255,071 $7,266,506 $12,44.9,"685

Mar

Mar-15

La Guardia Kennedy Newark ! On-Airport (LGA) (JFK) (EWRJ

Advantage 332,340 310,786 326 T 133

Alamo 720,146 832,495 Avis l,404,257 l, 416 T 924 2,999,551 Budget 9.91,755 971,485 l,158,692 Dollar 565,549 842,593 887,983 Enterprise 1,049,001 925,856 1,342,109 Hertz 1,960,528 2,291,185 4,086,731 National 1,30.9,6.94 897,684 2,878,448 Payless 253,503 21.9,831 193, 7.97 Thrifty 122,760 308,457 218,056 Total-On Airport $7,989,387 $8,904,947 $14,923,995

Off-Airport

TBD TBD TBD

Total-Off Airport $0 $0 $0

Grand Total $7,989,387 $8,904,947 $14,923,9.95

April

Apr-15

LaGuardia Kennedy Newark On-Airport (LGAJ (JFK) (EWRJ Advantage 316,799 356,219 404,533 Alamo *** 1,156,523 1,081,291 Avis 1,544,116 1,715,948 3,427,439 Budget 1,188,782 1,361,085 l,359,423 Dollar 539,392 1,097,550 951,636 Enterprise l,146,361 1,147,723 1,654,844 Hertz 2,214,848 2,573,857 4,674,289 National 1,343,204 1,031,527 3,069,569 Payless 291,921 215,453 168,_847 Thrifty 111,935 374,195 197,301 Total-On Airport $8,697,358 $11,030,080 $16,989,172

Off-Site

TBD TBD TBD

Total-Off Airport $0 $0

Grand Total $8,697,358 $11,030,080 $16,989,172

May

On-Airport Advantage

Alamo Avis Budget Dollar Enterprise Hertz National Payless Thrifty Total-On Airport

Off-Airport

TBD TBD TBD

Total-Off Airport

Grand Total

May-15

LaGuardia­(LGA)

366,329

1,927,663 l,603,456

631, 324 1, 674-, 356

2,634,653 1,416,112

324,022 $126,335

$10,704,250

$10,704,250

Kennedy (JFK)

435,933

1,535,540 2,275,067 1,637,147 1,445,478 1,380,962 3,201,092 1,162,974

231,468 604,388

$13,910,049

$0

Newark (EWR)

440,388

l,506,346 3,835,432 l,739,403 1,133,386 2,145,638 5,052,988 3,213,939

247,736 266,206

$19,581;462

$0

June

On-Airport Advantage Alamo Avis Budget Dollar Enterprise Hertz National Payless Thrifty Total-On Airpor

Off- Airport TBD

TBD

TBD

Total-Off Airport

Grand Total

lLGA) 440,833

*** l,998,046 l,600,645

669,986 l,724,035 2,858,176 l,659,774

321,061 155,254

$11,427,810

Jun-15

Kennedy Newark (JFK) (EWR)

548,838 478,707 l,740,952 l,633,734 2,510,580 3,781,752 2,063,069 l,994,103 l,5-64,740 l,250,870 l,438,821 2,214,144 3,491,562 5,203,374 l,257,028 3,316,715

240,593 288,269 708,334 344,922

$15,564,517 $20,506,590

$0 $0

July

On-Airport Advantage Alam.a Avis Budget Dollar Enterprise Hertz National Payless -Thrifty Total-On Airport

Off-Airport TBD TBD TBD

Total-Off Airport

Grand Total

Jul-15

La Guardia tLGA)

564,274

*** 2,345,867 2,082,107

761,316 2,000,705 3,018,720 l,883,777

389,134 194,530

$13,240,430 .--.

$13,240,430

Kennedy (JFK}

616,580 2,505,830 3,169,597 2,928,165 1,990,167 1,590,893 4,118,048 l,495,120

339,061 862,597

$19,616,059

$0

$19, 616, 059

tEWRJ Newark

633,573 2,115,906 4,476,593 2,617,915 1,467,074 2,429,029 5,511,633 3,606,019

285,838 $335,147

$23,478,727

$0

$23,478,727

August

On-Airport Advantage Alamo Avis Budget Dollar Enterprise Hertz National Payless Thrifty Total-On

Off-site Flight Car TED

TBD

Total-Off

Grand Total

Aug-15

LaGuardia (LGA) Kennedy ( JFK)

602,722 740,312 *** 3,377,144

2,597,647 3,618,951 2,126,406 3,256,556

651, 190 2,120,790 2,042,999 l,897,833 3,236,045 5,006,882 2,165,761 l,944,858

407,411 260,778 140,806 831, 799

$13,970,987 $23,055,903

*** ***

$0

$13,970,9!;!7 $23,055,903

Newark (EWR)

781,356 2,393,151 4,40.9,582 2,528,678 l,569,400 2,724,508 5,468,0.90 3,483,10.9

259,247 342,243

$23r959,364

6,222

$6,222

$23,965,586

September

On-Airport Advantage

Alamo Avis Budget Dollar Enterprise Hertz Nat:i..onal Payless Thrifty Total-On Airport

On & Off-Site Flight Car TBD

TBD

Total-Off Airport

Grand Total

LaGuardia (LGA)

395,429

1,807,780 1,430,744

530,255 1,462,228

·2,627,089 1, 756 r 775

298,924 150,682

$10,459,906

***

$0

$10",459,906

Sep-15

Kennedy (JFK}

490,016 1,.967 ,182

2,.250,557 1,852,359 1,329,237 1,544,040 3,.452,330 1,187,465

175,789 553,771

$14,802,746

***

$0

Newark (EWR)

587,254 1,780,026

3,507,054 1,687,760 1.,097,507 2.,164,246 4,803,924 3,080,147

221,840 295,073

$19,224,831

19,720

$19,720

•

.... Ad,

Alaine, Avis Budget Dollar Enterprise Eertz National Payless Thrifty Total on Airport

Off-Airport FlightCar TBD

TBD

Total-Off Airport

aGuardia (LGA)

429,192 *""'*

1,841,789 1,260,735

461,011 1,504,883 2,608,277 1,799,203

257,124 173,149

$10,335,363

***

$0

Oct-15

Kennedy ( JFK)

487 r 022

2,031,093 2,290,531 1,558,730 1,203,101 1,583,252 3,305,972 1,214,027

198,452 507,855

$14,380,035

***

$0

Newark (EWR)

622,298

1,752,260 3,987,042 1,655,376 1,133,445 2,423,619 5,248,919 3,668,588

244,622 404,245

$21,140,414

14,370

$1·L370

$21,154,7.84

November Nov-15

(LGA) Kennedy (JFK) Newark (E"wR)

On-Airport Advantage 3.94,227 510,236 607,350

Alamo 459,684 l,093,l62 1,132,554 Avis 1,405,54.9 1,573,72.9 2,917,202 Budget 1,043,629 l,21.9,33.9 l,350,538 Dollar 433,458 825,253 751,457 Enterprise 1,167,232 l,2.98,846 1,.948,402 Hertz l,.908,l.97 2,511,77.9 4, 01.9, 3.9.9 National 1,441,563 .953,202 2,888,742 Payless 326,707 202,147 269,801 Thrifty 131, .971 266,586 251,708 Total on Airpor $8,712,217 $10,454,279 $16 r 13 7, 153

Off-Airport

FlightCar $ 12 r 83 9 TBD TBD

Total-On Airpor $0 $0 $12,839

Grand Total

Dec-15

On-Airport Advantage

Alamo Avis Budget Dollar Enterprise Hertz National Payless Thrifty Total on Airport

Off-Airport

FlightCar · TBD TBD

Total-On Airport

Grand Total

LaGuardia (LGA)

213,307 464,442

l,192,965 934,317 371,644-

1,087,788 1,647,144 l,261,705

276,694 106,490

$7:,..556,496

$0

$7,556,496

Dec-15

Kennedy (JFK)

216,771

997-, 0.97 l,48.9,180 l,218,169

640,853 l,152,088 2,118,751

824,289 199,502 204,427

$9,.061,127

$0

$9 r 061, 127

Newark (EWR)

600,087

962,374 2,884,484 1,292,742

657,975 1,781,561 3,625,332 2,770,707

251,703 254,055

$15,.081,020

17,489

$17,489

$15,098,509