"Puerto Rico Small Airports Record Losses"

Wednesday, October 4, 2006

Puerto Rico small airports record losses


SAN JUAN, Puerto Rico (AFX) - Puerto Rico's small airports have lost
millions of dollars (euros) over the past year due to rising operational and
fuel costs, the port authority chief said Wednesday.

The U.S. territory's 10 regional airports have lost up to US$8 million
(euro6.3 million), said Port Authority Executive Director Fernando Bonilla.

Reduced traffic also was a factor in the financial setbacks at most of the
facilities, though two airports -- Ponce in the south and Aguadilla in the
northeast -- have reported an increase in customers, Bonilla said.

The island's main airport -- Luis Munoz Marin International Airport --
reported a record number of arrivals in a 12-month period from October 2004
to October 2005 with 10.6 million passengers. The airport in San Juan, a
major Caribbean hub, also experienced a slight increase in cargo traffic.

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