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Denver International Airport Sets Record for Minority and Women-Owned Concession Revenue

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DENVER — March 3, 2015 — Minority- and women-owned concessions companies at Denver International Airport (DIA) earned more than $129 million in the 2014 fiscal year, setting a record for disadvantaged business revenue at DIA.

DIA participates in the Federal Aviation Administration’s (FAA) Airport Concessionaire Disadvantaged Business Enterprise (ACDBE) program, which provides opportunities for minority- and women-owned firms to participate in airport concessions by setting participation goals for every shop, restaurant and service provided at the airport since the federal program began in 2006.

In 2014, the Denver Office of Economic Development’s Division of Small Business Opportunity (DSBO) set DIA’s ACDBE aspirational participation goal at 33 percent of total concession revenue. The 52 certified ACDBE companies at DIA earned a total of $129,971,406 in FY2014 – accounting for a record 39.35 percent of gross concessions revenue.

“Denver International Airport is committed to inclusivity, and to providing significant growth opportunities for disadvantaged-, minority-, and women-owned firms in all airport business prospects,” said airport CEO Kim Day. “We are proud to have exceeded the FAA-approved ACDBE goals, as part of our initiative to increase diversity throughout the airport and our operations.” Denver International Airport ACDBE Annual Achievement by Year

Year
(FAA FY Oct. 1 - Sept. 30)
Total Concessions RevenueACDBE RevenueACDBE Participation Rate
05/06$193,140,505$52,421,00127.14%
06/07$234,650,324$75,285,77332.08%
07/08$253,386,460$69,992,57527.62%
08/09$232,563,619$76,234,60932.78%
09/10$247,617,980$81,819,73233.04%
10/11$265,340,805$102,951,45138.80%
11/12$279,862,084$107,864,36138.54%
12/13$300,271,540$113,310,89637.74%
13/14$330,305,526$129,971,40639.35%

The airport’s overall concessions program ended calendar year 2014 with $322,803,611 in gross revenue, which is 9.5 percent higher than the $294.8 million generated by the program in 2013. DIA currently offers a total of about 140 shops, restaurants and services in more than 177,000 square feet of space. The revenue translates to an average of $12.07 per enplaned passenger in 2014 – an increase of 7.58 percent over the $11.22 per enplanement in 2013 and an all-time high for DIA. The airport served a record 53.4 million passengers in 2014.

DIA’s Commerce Hub helps connect small businesses with opportunities at the airport and obtain ACDBE certification. For more information, email [email protected].


Denver International Airport is one of the busiest airports in the world. DEN is the primary economic engine for the state of Colorado, generating more than $36 billion for the region annually. For more information visit www.FlyDenver.com, check us out on YouTube and Instagram, like us on Facebook and follow us on Twitter. Sign up for DEN’s monthly newsletter Nonstop News.


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