Commercial Real Estate Trends

Direct Flights from LA to Grand Junction?

Posted: April 12, 2019 by Lisa M. Fulmer

3 years ago, it was voted on between Coldwell Banker Commercial and Grand Junction Economic Planning that we as a valley needed to increase the frequency of direct flights to and from the Grand Junction. After a somewhat slow start to 2018 the Grand Junction Regional Airport posted a strong fourth quarter, which should point to a prosperous 2019 with a few new travel destinations, increased flight frequency and more seating capacity.

Overall in 2018, the Airport saw a slight decrease in enplanements- passengers who start their trip in Grand Junction- but that was mostly a symptom of decreased capacity in the first three quarters of the year, according to information compiled by the airport. Capacity was down 2.6 percent for the year, but was up 5 percent in the fourth quarter. Capacity is the number of seats available on flights. When capacity drops, it typically means either fewer flights or small planes running routes.

For available 2019 flights, capacity is already up 14.9 percent over 2018 and 7.5 percent above 2017. And as a whole aircraft operation were up more than 10 percent in 2018. This includes commercial, charter and general aviation flights.

More flights could be coming soon as the newly created Grand Junction Regional Air Service Alliance will soon be able to subsidize new flights to and from the airport with funds from the city’s lodging tax, which doubled to 6 percent after voters approved a ballot measure in November.

In May, American Airline will add a third daily nonstop flight to and from Phoenix in the mid-afternoon, and another piece of good news for the Airport was a decrease in fares  for the second consecutive quarter, year to year.

Mike Park

Coldwell Banker Prime Properties

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