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CVG Experiences Record-Breaking Growth

 

Best December in CVG’s History

Jan. 17, 2018 — CVG served 7.8 million passengers in 2017, its largest volume since 2010. This represents a 16 percent year-over-year increase (compared to North American average of 3 percent) and approximately 1.1 million new passengers compared to 2016. 

For the second consecutive year, every airline partner experienced passenger growth, and carriers added 11 new flight options.

CVG grew local passenger volume by more than 21 percent, and in December set a new record in its 70-year history. This is the fifth consecutive year CVG has achieved year-over-year local passenger growth.

CVG also set a new record for cargo traffic in December. A total of 109,380 tons was handled, representing a 34 percent increase over December 2016. For the first time in its history, CVG experienced annual cargo tonnage of more than 1 million tons (2 billion pounds) a 27 percent year-over-year increase; nearly four times the North American average of 7 percent.

CVG achieved its best ranking in the U.S. Department of Transportation (DOT) airfare report in 2017 making it the lowest fare airport in the region. Airfares at CVG declined for the fourth consecutive year, and passengers are paying on average $250 less per ticket.

“The growth we’re experiencing at CVG is because the community continues to embrace additional air-service options and lower fares,” said Candace McGraw, chief executive officer, CVG. “We’ve been successful in adding new air carriers and destinations for increased competition, as well as working with air cargo partners to establish and grow their operations, all of which grow the airport community and positively impact the local economy.”

“We’re in year two of our 5-year strategic plan, and already seeing record-breaking results,” said J. Michael Schlotman, CVG Board Chairman. “I congratulate the entire CVG team on the tremendous successes in 2017. Our mission statement says, ‘we want CVG to be the airport of choice to work for, fly from, and to do business with,’ and these results clearly indicate we are making great strides.”

Passenger & Cargo Metrics

  • Served 7.8 million passengers in 2017
  • Total enplanements increased 16%, more than five times the North American average
  • Cargo grew 27% to a record 2 billion pounds
  • Eighth largest cargo airport in North America and 34th in the world

Air Service Development

  • Amazon announces the development of its global air cargo hub at CVG.
  • American Airlines started operating mainline aircraft serving Dallas/Fort Worth.
  • Allegiant launched new service to Providence/Boston, Raleigh/Durham, Los Angeles, New York City and Denver. Allegiant recently announced new service to Charleston and Sarasota, increasing their total destinations to 21.
  • Delta expanded service to its most popular destinations from CVG. Celebrated 20th anniversary of direct service to Paris.
  • Frontier launched new service to San Diego, New York City, Miami, Minneapolis/St. Paul, and will begin service to San Jose, Austin, San Antonio, Jacksonville and Raleigh/Durham this spring. Frontier now serves 20 markets from CVG.
  • Southwest Airlines began serving CVG to Chicago and Baltimore/Washington. Southwest announced seasonal service to Phoenix to align with Cincinnati Reds spring training.
  • United Airlines launched new daily nonstop service to San Francisco. 
  • WOW Air announced it will begin service to Iceland and Europe beginning May 2018.
  • Largest origin airport on the Vacation Express network with five destinations.