July 31, 2024 – For the second consecutive year, Charlotte Douglas International Airport is the most financially efficient North American airport with more than 40 million passengers, according to a top academic research organization in the air transportation sector.
CLT Chief Financial Officer Michael Hill accepted the award July 3 at the Air Transport Research Society (ATRS) World Conference in Lisbon, Portugal.
“Being recognized for financial efficiency by the ATRS is validation of everything we have been communicating for many decades,” said Hill. “Providing the highest quality product for the lowest possible cost is a commitment we have made to our partners, credit agencies and our community.”
The awards are the result of the ATRS Global Airport Performance Benchmarking Task Force’s year-long research into several important aspects of operations, including productivity, efficiency, cost competitiveness and financial results. The group studies 205 airports and 24 airport groups of various sizes and ownership forms in Asia Pacific, Europe and North America.