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Posted on December 14, 2015
Recent data provided by the City of Tallahassee, indicates that airport traffic, as measured by passengers served, bottomed out over the summer and is headed back up.
The Tallahassee International Airport (TIA) has been the focus of many City Commission meetings over the last four years. Since the Great Recession, policy makers have been trying to figure out ways to increase the number of carriers and drive down prices.
A long term plan was approved the City Commission in 2013 with the goal of developing property around the airport that will generate incremental revenue and offset airline chargers and result in lower fares.
The trend line shows a major recovery in passengers served began in early 2012 and peaked in March 2013. Since then, the trend has been characterized by up and downs with no real growth.
For the first six months of 2015, TIA traffic decreased significantly and fell below the peak experienced in March 2013.
However, recent data shows the beginning of an upward trend.
The chart below shows that over the last three months passenger traffic is headed back up. September 2015 was the first month that reported an increase over the previous years traffic since February 2015.
This trend has continued for October and November, with both months reporting increases over traffic reported in 2014.
Now the questions is how long will this trend continue?
The last upward trend experienced by TIA began in January 2014 and lasted approximately 10 months, before a decline in traffic erased all of the gains.