LAX Leaders Forecast Higher Revenue Coming in by 2025

While operating revenues are expected to grow by about $146 million by 2025 due to higher aviation fees, expenses are also expected to increase by $148 million.

Arriving passengers wait to board Uber vehicles at a ride-hail passenger pickup lot, as a Southwest Airlines plane lands, at Los Angeles International Airport (LAX) in Los Angeles, on Nov. 6, 2019. Mario Tama/Getty Images

LOS ANGELES—Los Angeles World Airports commissioners May 2 reported positive growth for their proposed budget for fiscal year 2024-25, which would represent an increase of $369 million over 2023-24 budget.

During Thursday’s Board of Airport Commissioners meeting, Chief Financial Officer Tatiana Starostina gave her second update on LAWA’s budget outlook for 2024-25. According to her report, LAWA’s revenues are estimated to reach $1.9 billion in 2024, and are projected to grow another 8 percent, or $146 million, by 2025—reaching over $2 billion—and outpace projected expenses of about $1.2 billion.