A decrease in passenger traffic attributed to the global COVID-19 pandemic was the cause of financial relief offered to concessions, airline and on-site rental car operators at Orlando International Airport (MCO).
The Greater Orlando Aviation Authority (GOAA) approved a limited deferral of $17 million in “specified payments due May 2020,” with a promise to consider further actions at upcoming board meetings, according to a statement released by the GOAA.
“It is in our view only the beginning of the discussion in working toward a solution for our airport and our airport partners,” says Phil Brown, CEO. “This situation is unprecedented and it’s going to have to continue to be reviewed in order to make the best decision. This is just the first step in trying to provide some relief as we move forward.”
MCO received $170 million from the U.S. Department of Transportation as part of the CARES Act Airport Grant Program.
