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    You are at:Home»Things to Explore»Ontario International Airport
    Jimbo & Jacqueline Smith

    Ontario International Airport

    0
    By Rose Wright on December 18, 2018 Home & Design, Real Estate

    Mayor Paul Leon
    Wishes for More Flights Come True

    Ontario International Airport returned to local control, (Ontario City), on November 1, 2016, following many years of negotiations with Los Angeles World Airports. Since then, Ontario Airport has seen tremendous growth and lower airfares are directly tied to airport revenues.

    In the past year, Frontier Airlines, China Airlines, and JetBlue all have begun service at ONT, bringing with them a number of new nonstop destinations: (New York City, Orlando, Florida, and Taiwan). Today, in fact, ONT is the only Southern California airport other than LAX to offer transpacific service.

    Overall, Ontario Airport is on pace to serve five-million travelers in 2018, up nearly 20% from pre-acquisition levels and the highest total in 10 years. This makes ONT one of the fastest-growing airlines in the United States, offering nonstop service to 19 major airports in the U.S., Mexico, and Taiwan, as well as connecting service to many domestic and international destinations. An average of 67 flights depart from Ontario every day, among nine different carriers.

    Looking ahead, 2019 will be another strong year for passenger travel at Ontario Airport. Delta has announced it will begin nonstop flights to Atlanta in Spring 2019, and Southwest Airlines will begin 4 daily flights to San Francisco, and an additional flight to Denver, in June 2019.

    With all of this happening, it’s easy to forget that ONT also ranks among the fastest-growing – and largest – freight airports in North America, posting consistent double-digit increases in cargo volume. Through the first 10 months of this year, cargo volume grew to more than 610,000 tons from 520,000 tons over the same 10-month period a year ago, an increase of more than 17%.

    A recent report in Freight Waves magazine ranked Ontario as the largest freight market in the United States, with Ontario Airport playing a major role.

    Finally, several new leases are helping to improve the customer experience and drive positive financial results. These include:

    • A 10-year lease with food-and-beverage concessionaire Delaware North that will generate a net revenue of approximately $13 million for OIAA during the term.
    • An eight-year lease with the Hudson Group that will pay OIAA 11-18% of the news and gift concessionaire’s gross revenues.
    • A 10-year lease with the Lamar Advertising Group that is paying 55% of Lamar’s gross advertising revenues to the Authority.
    • A new 30-year lease for FedEx that includes an investment by the freight carrier of $100 million in expanded facilities.

    Ontario Airport is no longer one of aviation’s best-kept secrets, but an emerging international transportation gateway, and for those who know, ONT is a fantastic airport experience.

    Jacqueline Smith
    Feature Spring Valley Lake
    12665 Rain Shadow Road
    3 bedrooms + 2 Full Bathrooms
    2,051 SQ. Ft. / Offered at $330,000

    This house comes with the best possible neighbor to have, a golf course, sitting on the 15th tee box. Move in ready with granite counter tops, newer flooring, stainless appliances, double-pane windows, some with shutters, recessed lighting, in door laundry, new water heater and a low maintenance yard. Home has a whole house vacuum system, water basin in garage. Double doors off the master bedroom opens to the back patio.

    Jacqueline Smith, BRE #01389609
    (760) 265-4075
    garrigusrealestate.com
    Jacquelinesmith1218@gmail.com
    Visit Jimbrewbustours.com to book your next adventure.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Rose Wright
    • Website

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