houston aviation industry_outlook_2015
TRANSCRIPT
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April 17, 2015
The Houston Airport System (HAS) experienced its highest-ever passenger volume in ’14, surpassing the previous record set in ’13. Approximately 53.2 million passengers travelled through HAS in ’14, a 4.5 percent increase from the 50.9 million passengers in ’13. Domestic traffic rose 3.5 percent from 41.9 million passengers in ’13 to 43.4 million passengers in ’14. International traffic grew 9.2 percent, from 9.0 million passengers to 9.8 million passengers in ’14. Both Bush Intercontinental Airport (IAH) and Hobby Airport (HOU) saw record high annual passenger volumes.
Domestic traffic through IAH experienced its first annual increase in more than five years, growing 2.0 percent to 31.4 million passengers. IAH also recorded its highest level of international passengers in ’14. Within the past two years, IAH launched nonstop international service to Istanbul, Beijing, Seoul, Stavanger, Santiago, and Punta Cana. Additional international service was added for Tokyo, Munich, Monterrey, Guadalajara and Cancun. More global nonstop routes are slated to begin in ’15. Eva Air will start nonstop flights to Taipei in June and ANA announced plans for service from IAH to Tokyo in June. Although the Asia/Africa/Australia region accounts for only 4.8 percent of
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DOMESTIC AND INTERNATIONAL PASSENGERSHouston Airport System
Domestic International Source: Houston Airport System
international HAS passenger traffic, the region’s market share grew faster than any other region, increasing 55.5 percent from ’13 to ’14. According to the FAA, IAH is the nation’s fifth busiest airport.1
Hobby Airport saw a 7.5 percent increase in passenger count, from the previous record of 11.1 million in ’13 to 11.9 million in ’14. HOU has enjoyed consistently strong demand, with traffic rising over 34.0 percent during the past decade. Much of the recent growth can be attributed to Southwest Airlines establishing domestic service to feed its new international routes that are scheduled to begin later this year. The new $156 million, five-gate facility will connect HOU to various Latin American destinations.
Prepared by Greater Houston Partnership Research Department
Patrick Jankowski, CCR Senior Vice President, Research 713-844-3616 [email protected]
Jenny Philip Senior Manager, Economic Research 713-844-3615 [email protected]
1 In determining the total number of flight operations, the FAA counts commercial airline flights, general aviation flights, military flights and air taxi operations.