STL Releases the Summary of Its 5-Year Strategic Plan
STL’s 5-year commitment delivered growth
ST. LOUIS (February 3, 2021): Today, St. Louis Lambert International Airport (STL) released the summary of its 5-year Strategic Plan Report 2015-2020. STL’s Strategic Plan was made possible with support from Civic Progress and The Regional Business Council. The plan allowed the airport to make a thoughtful commitment to passenger growth, financial stability, economic development and customer satisfaction.
“We are not surprised that our strategic plan summary shows positive numbers in some very significant areas,” said Rhonda Hamm-Niebruegge, STL Director. “In 2015, the first year of this plan, I stated that the seeds of great change have been taking root at STL. I can now say that those seeds are taking root and we have the ability to rebound from the current pandemic with the ability for greater future growth.”
Key highlights include:
- Lower Cost Per Enplaned Passenger (CPE)
- Significant increases in non-aeronautical revenue
- Increased utilization of vacant space and unused land
- Growth in non-stop markets
- Reduction of STL’s debt
- Improved bond ratings for STL
The summary can be found at https://www.flystl.com/stl-strategic-plan-summary-2015-2020.
About STL
St. Louis Lambert International Airport (STL) is the primary commercial airport for the St. Louis metro area and parts of eastern Missouri and southern Illinois serving 15.6 million passengers annually. STL is an Enterprise Fund Department of the City of St. Louis. It is wholly supported by airport user charges. No general fund revenues are used for the operation, administration, promotion or maintenance of airport facilities.