Vice President Airline Relations and Cargo Business Development Milton De La Paz DFW Airport Overview
Vice President Airline Relations and Cargo Business Development
Milton De La Paz
DFW Airport Overview
• DFW Airport
• Texas and DFW market
• Cargo market opportunity
The DFW opportunity
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ECONOMIC
IMPACT
bi l l ion annual ly
$AIRPORT RANKINGS
• 4th In the world for flights
• 11th in the world for passengers
• 187 Domestic Destinations
• 62 International Destinations
• Global Cargo Network
DFW Airport at a glance
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187
FL IGHTS PER DAY
1,800
D A I L Y C U S T O M E R S
185,000+
C U S T O M E R S T H I S Y E A R
72.3M6
DFW is committed to customer experience and safety
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Automated Screening Lanes
Multiple divesture stations
Enhanced bin trackingWaiting time App Facial recognition
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Texas and DFW market
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Texas added 400,000 new residents in 2017, the most in the U.S. and grew the second fastest YOY
Source: U.S. Census Bureau, Annual Estimates of the Resident Population (as of July 1, 2017)
Dallas Fort Worth is the 4th largest metropolitan area
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Source: U.S. Census Bureau, Annual Estimates of the Resident Population (as of July 1, 2017)
DFW accounted for more than one-third of all new residents in Texas
DFW 146,238 36%
IAH 94,417 24%
AUS 55,269 14%
Rest of Texas103,810 26%
Source: U.S. Census Bureau, Annual Estimates of the Resident Population (YE July 1, 2017)
YE June 30, 2017
Dallas Fort Worth population to surpass Chicago by 2031
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Source: U.S. Census Bureau, Annual Estimates of the Resident Population (as of July 1, 2017)
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1,800 companies left California in a year- most to Texas
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• Companies are leaving California in search of better business climates, and Texas is the #1 choice
• Record high 1800 relocations occurred in 2016*; 13,000 companies left between 2008-2016
• 300 of the 1800 departures moved to Texas
• 35% of the corporate HQs that have relocated to DFW since 2010 came from California
Source: San Francisco Business Journal DEC 2018; https://www.bizjournals.com/sanfrancisco/news/2018/12/13/1-800-companies-left-california-in-a-year-with.html*Most recent year available
Texas ranks top in the country for business
Texas has the fastest growing economy among the U.S. top ten states
Source: Bureau of Economic Analysis (Gross State Product) for 2016
Texas and Dallas Fort Worth as global economies
Source: Bureau of Economic Analysis (Gross State Product) for 2016
DFW’s
growth
outpaced all
except China
and India
Dallas Fort Worth is distinguished by industry diversity
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Source: Dallas Regional Chamber; Fort Worth Chamber of Commerce; Texas Workforce Commission; Bureau of Labor Statistics
DFW is #1 in the U.S. for job growth
0 20,000 40,000 60,000 80,000 100,000 120,000 140,000
Dallas-Fort Worth-Arlington
New York-Newark-Jersey City
Los Angeles-Long Beach-Anaheim
Houston-The Woodlands-Sugar Land
Seattle-Tacoma-Bellevue
Phoenix-Mesa-Scottsdale
Riverside-San Bernardino-Ontario
San Francisco-Oakland-Hayward
Atlanta-Sandy Springs-Roswell
Orlando-Kissimmee-Sanford
Job growth (YE April 2018)
Source: https://www.bls.gov/news.release/metro.t03.htm; April 2018
2020
DFW Airport and the air cargo community
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DFW Airport OverviewJointly owned by the cities of Dallas and Fort WorthOwner Cities / Commercial Development Task Force
Southlake
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DFW Land Use Plan
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• Airfield access sites = 68.4 hectares
• Includes 12,077 sq. m. planned cargo
facility
• Other development sites total 307.6
hectares
250 +/- acres101.2 +/- hectares
118 +/- acres47.8 +/- hectares
51 +/- acres20.6 +/- hectares
144 +/- acres58.3 +/- hectares
130,000 sq. ft./12,077 sq. m.
197 +/- acres79.7 +/- hectares
Development Types
• Cargo
• Warehouse
• Distribution
• Office
• Mixed Use
• Retail
• Hospitality
• Industrial
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DFW: Commercial DevelopmentCommercial Development opportunities play a key role in DFW’s future by sustaining operations and
offsetting landing fees
$48.5M Projected Ground Lease Revenue FY2019
$49.7M Projected
Hotel Revenue FY2019
Natural Gas
$321.2M Total Revenue Received as of 12/31/18
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• Approximately 600 acres
• East 350 Acres
• 17 facilities
• 6M ± Msf
• Industrial
• West 250 Acres
• Corporate Campus
• Medical Research
• Retail/Restaurants
• Hospitality
Bear Creek Business Park
Passport Park Business Park
American Airlines Campus
Bear Creek Golf Course Walnut Hill Industrial
West Air
Cargo
West Grapevine
Industrial
NE Air
Cargo
Northwest
Logistics
Founder’s Plaza
International Commerce Park
635 and Royal Lane
Coppell Industrial
Southgate Plaza
Beltline Station
North Destination
DistrictPassport Business Park
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SEP 18, 2018
DEC 26, 2018January 15, 2019
Passport Business Park Development - East
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• Expanding e-commerce facilities and
operations in North Texas
• Approximately 5.1 million sq. ft. on or
adjacent to DFW Airport
• Fleet operations:
• “Prime Air” B767-3F freighters
60,000 SF & 3 plane
parking positions
428,000 SF
In ICP
1,000,000 SF
1,053,000 SF
Logistics Center I
2,408,000 SF
Logistics Center II
AmazonCurrent Amazon Facilities – DFW Airport
West/Northeast Air Cargo
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West/Northeast Air Cargo
• Approximately 387 acres
• West Air Cargo – 303 acres
• Northeast Air Cargo – 84 acres
• Approximately 4.1 million sq/ft of
facilities
• West Air Cargo – 3.2 million sq/ft
• Northeast Air Cargo – 900,000 sq/ft
Bear Creek Business Park
Passport Park Business Park
American Airlines Campus
Bear Creek Golf Course Walnut Hill Industrial
West Air
Cargo
West Grapevine
Industrial
NE Air
Cargo
Northwest
Logistics
Founder’s Plaza
International Commerce Park
635 and Royal Lane
Coppell Industrial
Southgate Plaza
Beltline Station
North Destination
District
DFW Airport provides huge economic benefits
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• $37 billion annual impact
• Connecting goods, services, people
• Cargo impact roughly half of total
• And we do all this through PFCs and AIP – no taxpayer dollars
• Visual
• Cargo operations timelapse background (need to shoot)
$37 Billion annual economic impact
Cargo and logistics matter to DFW
Freighters bring extensive global network to DFW
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Geographic advantagesForwarders prefer to consolidate cargo at DFW
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DFW
LAX
MIA
NYCORD
SEA
PDX
SFO
ATL
= One day truck drive
Distribution advantages
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• Two day service to all points in 48
contiguous states
• Sufficient capacity—major destination point
• DFW second lowest cost origin market
• One day off the Mexican border—can make
trip within HOS limits
• Serviced by over 600 motor carriers with
several headquartered here
• Can reach any city in the U.S. and Mexico
within 4 hours or less by air
Legend
Latin America
United States
Air
Ocean
Truck
LAX
ORD
MIA
Asia
DFW
Current Latin America-Asia Air Freight Trade Flows
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Source: LogCapStrat DFW Air Trade Portfolio Model
DFW transborder freight flows represent a large opportunity for transit freight to / from Mexico
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• Texas ranks #1 in the U.S. for truck border
crossings / entry
• 3.8 million truck border crossings annually,
34% of U.S. total
• World Trade Bridge - Laredo, Texas, ranks
as the largest border crossing in the U.S.
• Over 2 million trucks annually
• 1.5 million loaded truck containers, 18% of
U.S. total
Source: U.S. Department of Transportation, Bureau of Transportation Statistics
MTY
GDL
LRD
MEX
DFW
Meeting Name & Date (Optional)3
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DFW achieved CEIV Pharma Community status
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Foreign Trade Zone
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DFW offers an extensive Foreign Trade Zone (FTZ)
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• 971 hectares on-airport
• Pre-designated as FTZ
• Companies can simply activate with Customs
• FTZ-designated warehouse space
• 56 buildings
• 1.1 million sq. m.
• New industrial development underway
• FTZ acreage can easily be moved to
accommodate companies
Source: DFW Commercial Development Department
Significant economic benefits come with FTZs
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• No duty on imports until they leave the FTZ for a domestic destination
• No duty on items brought into FTZ and exported, as these items never enter Customs territory
• Manufacturing FTZs can elect the lower of component part or finished product duty rate
• No state and local personal property tax on imported inventory or domestic inventory held for export
• Other logistical and process savings
International Air Cargo Centre, Phases I and II
Source: DFW Commercial Development Department
DFW’s service area spans 7 counties,16k sq. km
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DFW
Source: DFW Commercial Development Department
• Perfect geographic gateway to North and South America
• Fast growing and diverse economy
• Unconstrained and highly-efficient airport infrastructure
• Lowest cost gateway for key perishables and electronic trade lanes
• Ample land for commercial development
• Easy and convenient set up for FTZ sites
• Best in class incentives and low airport charges
• Abundance of available logistics sites within close proximity to airfield
• Relatively low cost of real estate compared with other regions
• Track record of many successful air cargo/logistics developments
Why Dallas Fort Worth?
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