Boston Logan International Airport, also known as General Edward Lawrence Logan International Airport, is an international airport located in East Boston of Boston, Massachusetts. With an average of 27 million passengers a year, and handling 30.2 million passengers in 2013 alone, Boston is the 19th busiest airport within the United States.
Presently, Boston serves as a focus city for JetBlue airways, a low-cost carrier, and a hub for a number of airlines, such as Delta Airlines, regional airline Cape Air, and commuter airline PenAir. U.S Airways carries out many operations from this airport as well, and all major airlines fly to Boston from all or the majority of their primary and secondary hubs.
Presently, Boston is made up of four terminals,…show more content… There are two car parks away from the terminal, with lower fares for long parking durations, and are connected to the terminal via a free bus. As seen in Figure 1 above, there are three car park locations near the airport, and one that is situated further away which is meant for long duration parking.
Figure 2. Boston Airport Terminal Map
Based on figure 2 above, there are four terminals within Boston Airport, and the terminals have either a linear or finger pier design, with Terminal A consisting of a Satellite design as well. There are 103 gate positions in total within the four terminals, and all terminals are connected by pre-security shuttle buses, as well as between terminals A, B, and E via moving walkways pre-security. Moving walkways also connect the terminals to a central parking garage designed for consolidated service between all 4 terminals and the garage…show more content… Terminal E gate map
Terminal E serves as the international terminal for Logan Airport, and all gates within the terminal are common-use, which are gates assigned depending on operational needs. Beginning this year, Terminal E is currently undergoing a $100 million renovation, which will include a post-security connector between Terminals E and C, improved immigration and passport control kiosks, and gates capable of serving the Airbus A380.
Boston Logan International Airport is operated by the Massachusetts Port Authority, otherwise known as Massport, and thus all financial information will be obtained from the Comprehensive Annual Financial report of Massport. For this report, the authority’s condensed statements of revenues, expenses and changes in net position will be reviewed, as well as a breakdown of elements which make up its operating expenses.
The Authority’s net position increased $43.8 million or 2.5% throughout the fiscal year 2013. The increase in net position was due to operating revenues exceeding operating expenses and depreciation and amortization expenses by a total of $2.4 million. The total net non-operating revenues generated were $21.2 million primarily through the collection of PFCs and CFCs. Also, the Authority received $20.2 million in capital grants, which was channeled to finance various airport airfield projects (Massport,