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A.B. Won Pat International Airport Authority, Guam

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A.B. Won Pat International Airport Authority, Guam 2012 Accomplishments

Wednesday, January 30, 2013

Finance

  1. ( Audit Findings – ongoing/to be approved at the Board Meeting tentatively scheduled for January 29, 2013)
  2. Ratings giant Standard & Poor affirmed its BBB rating with a stable outlook for the A.B. Won Pat International Airport, Guam’s 2003 Revenue Bonds . Per S& P, “The rating reflects our view of the airports continued adequate financial performance against a fluctuating demand profile, low levels of fully unrestricted liquidity and cash flow debt service coverage and a strong business position serving Guam” .
  3. Completed short-term, USDA guaranteed, low interest loan from FHB for energy efficient equipment.

Capital Programs

  1. Runway 6L/24R – 2,000 linear foot extensions completed
  2. Commissioned operations of new airport water system
  3. Full replacement of terminal carpeting
  4. Completed EDA funded site development for leasable north Tiyan properties
  5. Partial refurbishment of airport fuel system completed

Operations

  1. Takeoffs on Runway 6L Effective September 2012
  2. GIAA welcomed Inaugural charter flight from Dalian, China on January 23, 2012, operated by United Airlines. This represents the 6th destination in China operated by United Airlines.
  3. Effective January 15, 2012, GIAA started seeing Russian tourist arrivals with Russian nationals flying into Guam under the Guam-CNMI Visa Waiver Program, primarily via Seoul, Korea.
  4. FEDEX opened its office in July of 2012 at the Integrated Air Cargo Building in Tiyan, marking its presence onsite, vs. offsite sales and freight office of the past.
  5. Jeju commenced daily operations from Seoul to Guam on September 28, 2012. Operating a B737-800 with a 186 passenger seat capacity, this which translates to 1,302 additional seats weekly between Guam and Seoul.

Services & Community Engagement

  1. On November 19 2012, a Sister Airport relationship was established with the Sendai Airport in Miyagi prefecture located in northern Japan. This area was the hardest hit by the Great Earthquake and Tsunami in March 2011 and the flight to Guam was the first international flight that resumed operations in July 2011 (operated by United Airlines). Guam has four flights weekly to and from Sendai.
  2. Enhanced communication and passenger service were the result of new web applications on the www.guamairport.com site.
    • Lost and Found Electronic Filing and Recording system
    • Airport Information Query System
    • Requests for Proposals and Invitations to Bid Electronic Copies download capability.
    • Business Prospectus for Prospective Investors download capability
    • Airport Tour Request Form download capability
    • Subscriber to Airport News and Announcements allows interested individuals to receive automatic electronic messages of all new postings on the www.guamairport.com site.
  3. GIAA won first place for its Liberation Float entry in the Government Agency category in July of 2012, marking a two year in the row first place prize. The theme “68 years of progress through peace inspired the design of Airport history starting with the Quonset Hut to the modern facility we have today.
  4. GIAA won 1st place accolades as a medium sized agency in the MagPro Government of Guam Best Agency division
  5. GIAA received acknowledgement of the “Innovative Cost Savings Initiative” with the Implementation of the Energy Performance contract in May of 2012. This program calls for the replacement of inefficient terminal equipment and lighting to realize savings of over $1.3 million annually in power consumption in the terminal.
  6. The Airport Authority secured Board level appointment in the prestigious Airports Council International Asia- Pacific Region (ACI Asia-Pacific), an industry organization, with the appointment of Deputy Manager Peter Roy Martinez as First Vice Chair of the Small Airports Committee.