Air Transport World

MIA lives after Eastern. (Miami International Airport to come out ahead despite the loss)

Most international airports probably would be a bit concerned about the economic impact of the loss of an airline that accounts for a third of its enplaned passengers and 144 acres of prime maintenance space.

Miami International Airport (MIA) figures it's coming out ahead, despite the demise of Eastern Airlines (ATW, 3/91).

Although seriously concerned over the adverse impact on the people involved in Eastern's failure, MIA executives feel the economic loss to the airport is zero " according to Rick Elder, aviation director for Metro-Dade Aviation Dept. and head of the airport "Actually, it has had a positive aspect" economically, " he said.

Eastern's lease at the airport goes back 30 years, "and is somewhat antiquated," Elder said. Except for standard landing fees, the airline was paying only interest on certain construction bonds, providing no property income at all, he said. …

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