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Trickle Down Economy: Airline Slump Hurts Airport Parking

January 29, 2010 | Posted in: Airline News

airline slump airport parking

I bet you’ve parked in one of the lots owned by Parking Co. of America.

It’s the largest operator of “off-site” airport parking in the U.S. – handling all those parking spaces at O’Hare, Denver, Atlanta and the “big three” in New York.

But in recent years, fewer fliers means fewer people taking up those 40,000 parking spaces in lots called SkyPark, FastTrack and Avistar — and the company has filed for bankruptcy and will be sold.

It all trickles down – from hurting airlines to empty lots to half-filled coffee shops to tipless Sky Caps. I know things will get better – but the waiting can be wearisome.

6 Responses to “Trickle Down Economy: Airline Slump Hurts Airport Parking”

  1. gloria says:

    They should have been more competive in prices with airport parking fees. When they became more expensive than the prices offered by DFW, I went to parking at inside the airpot than at their lots. Prices, prices, prices are what brought done the greedy park & rides.

  2. Rick Seaney says:

    Gloria,

    This could prove a boom for taxis and public transportation; or maybe friends and neighbors could create airport car-pools, i.e., you drive me when I have to fly, and I’ll drive you when you have to fly (well, you’d have have very close and very good friends and neighbors!).

    Thanks for your comments.
    Rick

  3. gloria says:

    rick, did just that this past flight & am driving my friends to the airport tonight in return for them assisting me.

  4. Rick Seaney says:

    I think that’s just great, Gloria.

    Rick

  5. srik says:

    yea the parking issue really has become a big menace…Seems like they are looking to promote public travelling

  6. Rick Seaney says:

    Srik,

    I don’t know about “menace” and using public transportation is a good thing; I think the issue is, convenience – and of course, price.

    Regards,
    Rick

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