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Kansas City International Airport Purchases PASSUR Landing Fee Management Program
Oct 01, 2007 (08:10 AM EDT)
GREENWICH, Conn., Oct. 1 /PRNewswire-FirstCall/ -- Megadata Corporation announced today that Kansas City International Airport has purchased a subscription to PASSUR(R) Pulse(TM). One of the key areas of planned benefit is increased capture of landing fee revenue.
"Traffic is up over 8% year over year so proper landing fee collection is critical," said Eric Clevenger, CFO of Kansas City International Airport. "Since we operate like a private business, complete, equitable and transparent landing fee collection from PASSUR is smart, both to keep our airline customers happy and our revenue stream healthy. We're also hoping to reduce the costs for our large airlines through the implementation of PASSUR's landing fee management program."
"Complete, fast collection of landing fees is a must for airports, and we're pleased Kansas City Airport is among the leaders in the industry," said Jim Barry, President and CEO of Megadata, which owns PASSUR.
PASSUR Pulse gives airports access to the most complete, accurate and timely activity reports of arrivals and departures, based on the PASSUR radar record and integrated database of flight information, including detailed owner/operator information, maximum certificated weights by tail number, seat configurations, runway utilization, turn times, and other details in aggregate and by individual flight.
Megadata owns and operates a unique database of flight information with proprietary decision-making software, primarily powered by a growing international network of passive radars (PASSURs) located at more than 70 airports world-wide, including 33 of the top 35 U.S. airports - from which it provides PASSUR information, analytics, and decision support tools to improve the financial condition and operational efficiency of aviation organizations. Megadata offers unique user friendly information as well as decision algorithms which provide innovative commercial air traffic solutions to more than 50 airports, including 8 of the top 10 U.S. airports; dozens of airlines, including 7 of the top 10 U.S. airlines; and more than 150 corporate aviation customers, as well to the U.S. Government. In addition, the Company has created and implemented collaborative web-based software that allows the Company's customers to instantly share information to improve individual and joint decision making, creating additional value for those customers.
Visit Megadata's web site at http://www.passur.com for updated products, solutions and PASSUR news.
The forward-looking statements in this news release relating to management's expectations and beliefs are based on preliminary information and management assumptions. Such forward-looking statements are subject to a wide range of risks and uncertainties that could cause results to differ in material respects, including those related to customer needs, budgetary constraints, competitive pressures, the success of airline trials, the profitable use of the Company's owned PASSURs located at major airports, the Company's maintenance of above average quality of its product and services, as well as potential regulatory changes. Further information regarding factors that could affect the Company's results is contained in the Company's SEC filings, including the October 31, 2006 Form 10-K, and the July 31, 2007 10-Q.
Contact: Ron Dunsky (203) 622-4086 (917) 587-9672 firstname.lastname@example.org
CONTACT: Ron Dunsky of Megadata Corporation, +1-203-622-4086, email@example.com+1-917-587-9672,
Web site: http://www.passur.com/