Tagged conrac fees

Airport Conracs Get Affirmed Bond Ratings

In combination with a growth in car rental transactions, flexibility in a customer facility charge and other factors, Fitch Ratings affirmed an ‘A-’ for Houston Intercontinental Airport’s consolidated rental car facility (conrac) bonds and a 'BBB+' for Hartsfield-Jackson Atlanta International Airport's conrac bonds.

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San Antonio Airport Looks to Get Conrac Fee Approved

Part of the San Antonio International Airport’s master plan, a consolidated rental car facility is on the horizon, but first aviation directors are looking to pass a $4.50 facility fee by the city council.

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Chicago Looks to Implement New Concession Fee at Airports

In the proposal, 10% of the revenues from the 11.1% concession fee would go to the companies to help mediate their expenses to stay at the city’s two airports, while the remaining 1.1% would help fund airport projects, according to the Chicago Sun-Times.

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Seattle Airport Conrac to Open After 17 Years

Daily fees have helped build the Sea-Tac consolidated rental car facility at a rate of $4 that began in 2005. That fee has since increased to $5 and will rise to $6 on Feb. 1.

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Charlotte Airport to Begin Conrac Construction Next Year

The $121 million facility will include a seven-level parking deck and an adjacent building for eight rental car counters.

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Nashville Int’l Airport Conrac to Open Nov. 1

Just a short walk from the terminal, this three-level consolidated rental car facility will increase the airport’s rental car capacity by about 1,400 vehicles.

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Columnist Bashes Rental Car Fees and Taxes

He writes that the rates in Florida lend new meaning to the term, ‘sticker shock.’

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Nashville Airport Rental Spaces Will Double Through New Conrac

Opening in November, the $70 million and much-needed consolidated car rental facility at Nashville International Airport will house around 1,000 rental vehicles.

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Sea-Tac Conrac On Track

The $419 million rental complex will be finished in November but won’t open until the spring.

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California Legislation Calls for Optional Fee to Fund Rental Facilities

If the bill becomes law, the state’s airports could collect a daily fee, but it would not be mandated.

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Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

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