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Conrac Fees

San Luis Obispo Airport to Get Rental Car Facility

The county’s board of supervisors unanimously approved a more than $1.6 million loan to construct a consolidated rental car facility that is expected to be paid off through customer facility charges in less than 12 years.

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.

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.

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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