NEW PARKING RATES AT LAX, VAN NUYS FLYAWAY EFFECTIVE FEBRUARY 15

02/13/2002 12:00 AM

NEW PARKING RATES AT LAX, VAN NUYS FLYAWAY EFFECTIVE FEBRUARY 15

 

(Los Angeles, California – February 13, 2002) New increased daily rates charged for parking at facilities located adjacent to the passenger terminals and at economy lots at Los Angeles International Airport (LAX) and Van Nuys FlyAway become effective Friday, February 15. The Los Angeles Board of Airport Commissioners approved the rate increases at its Jan. 15 public meeting.

The rates will increase in the Central Terminal Area parking structures from the current $24 daily rate to $30 per day. The charge for the first hour will be $3 and then $2 for each additional 30 minutes until the $30 maximum daily rate is reached. Economy Lots B and C rates will increase from the current $5 and $7 daily, respectively, to $8 and $10 daily. The first two hours of parking will remain free at Lots B and C, and the charge after two hours will be $1 per hour until the maximum daily rate is reached.

Travelers using the parking lot at the Van Nuys FlyAway bus service will now pay $4 per day. The FlyAway serves 800,000 travelers annually.

Airports officials note that reminder notices about the new rates are being disseminated to the general public through general publicity, the airport's website atwww.lawa.org , the airport's AiRadio 530 AM traffic information station, and signage on the exit kiosks at the parking structures and economy lots.

The Los Angeles Board of Airport Commissioners approved the rate increase last month after considering a combination of several factors including: higher security and operational costs for the parking lots, the need to reduce traffic congestion near the terminals, the need to encourage travelers to use alternative transportation, and the need to encourage travelers to switch usage from Central Terminal Area lots to economy lots.

“Additionally, the cost of staffing and operating the Central Terminal Area parking lots has increased substantially since Sept. 11,” said Michael DiGirolamo, deputy executive director of airports operations. “It is now a federal requirement that each lot entrance be staffed with a security officer who checks vehicles entering the parking facilities. These costs, along with the cost of providing security inside the parking structure, are not expected to be recovered with the current parking rates.”

The increases in Lots B and C will still keep those lots priced competitively with nearby, off-airport private parking lots, while permitting the recovery of higher costs to operate them. The increase in the Central Terminal Area parking structures puts the rate at par with parking at Burbank Airport.

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