HOW MUCH TIME DO WE HAVE?
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FACTS ABOUT THE SETTLEMENT AGREEMENT
The 2003 Amendment to the 1985 Settlement Agreement ends December 30, 2015. The 2003 Amendment allowed JWA to grow from 8.4 million annual passengers, the limit under the old 1985 Agreement, to 10.8 million. An interim cap was included that prohibited the airport from going beyond 10.3 million annual passengers until 2011.
The curfew under this agreement, which prohibits commercial planes from departing after 10 p.m., arriving after 11 p.m., and continuing all night until 7 a.m., continues until 2020. Exceptions are granted for safety and weather.
After the 2003 Amendment, the increase per year for commercial planes averaged 8 percent or a total of 24%, growing from 8.4 annual passengers to 10 million annual passengers.
However with the present economic downturn, JWA's traffic is down 16 percent, and the latest official figures for 2008 give the total passengers arriving and departing JWA at 8.9 million annual passengers.
Historically, it does not talke long after an economy recovers to see airports recover their business.
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