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Commercial Air Service Minimum Revenue GuaranteeCity of Dubuque City Council ACTION ITEMS # 1. Copyrighted December 1, 2025 ITEM TITLE: Commercial Air Service Minimum Revenue Guarantee SUMMARY: City Manager providing follow-up information on the Commercial Air Service Minimum Revenue Guarantee and recommends City Council receive and file the information and be prepared to take final action at the December 15, 2025 City Council meeting. SUGGUESTED Receive and File; Place on December 15, 2025, Agenda DISPOSITION: ATTACHMENTS: 1. MVM Memo 2. Dubuque Airport Commission Notice of Termination Draft Correspondence 3. Public Input —Uploaded 12.1.25 Page 810 of 1214 THE CITY OF DUB E-E Masterpiece on the Mississippi TO: The Honorable Mayor and City Council Members FROM: Michael C. Van Milligen, City Manager SUBJECT: Commercial Air Service Minimum Revenue Guarantee DATE: November 25, 2025 INTRODUCTION Dubuque All -America City IIr I11. 2007.2012.2013 2017*2019 The purpose of this memorandum is follow-up to October 6, 2025, City Council meeting. At that meeting, staff provided an update on commercial air service and Denver Air minimum revenue guarantee (MRG) providing daily air service to O'Hare (ORD) Airport in Chicago. BACKGROUND Prior to restoring commercial air service, the non-profit DBQ Air and partners reviewed data, and performed community surveys and business meetings. In calendar year 2019 (pre-COVID), FAA enplanements reported 36,521 passengers flew from Dubuque to O'Hare as their destination or connection, on three flights daily. During that same year, the US DOT Origination & Destination (O&D) report showed an average of 99 passengers flew from Dubuque to O'Hare daily. For Denver Air to be financially independent requiring no minimum revenue guarantee they need to have 40% (40) of those 99 customers fly out of Dubuque daily. According to 2022 Mead and Hunt Study using Global Distribution System and Airline data there are 176,498 passengers in Dubuque Catchment area (approximately 30-40 minutes from Dubuque). Passenger demand each way (PDEW) data indicates approximately 505 passengers fly out of an airport to a destination from Dubuque Catchment area daily. SURVEYS In December 2023, prior to pursuing daily scheduled air service, a survey was part of a broader study effort to provide a detailed understanding of the want and need for commercial air service at the Dubuque Regional Airport, among a variety of stakeholders and regional users. The results of the study were intended to provide information for purposes of air planning, air service, and airport development, overall economic planning and development, transit forecasting and development, and partnerships and participation in a variety of multi -community and regional efforts. Page 811 of 1214 Employer & Resident Surveys Employers Survey: 228 Responses and 28 interviews Strong Support. Most employers (73%) support efforts to attract Dubuque commercial air service, recognizing it might require financial guarantees. Financial Support. Most employers (69%) also support the use of City and/or County funds to attract air service, while with voluntary private funding efforts, 51 % support with 29% neutral. Desired Service. Chicago O'Hare is by far the leading choice for new hub airport service, followed by Dallas, Denver, and Minneapolis. Willingness to Use. Employers estimate that they would be willing to spend an average of $142 more for a round-trip flight from DBQ as compared to a similar flight from Chicago -O'Hare. Economic Impacts of Air Service Expansion. Two-thirds (68%) expect a positive impact on their business. Almost all (95%) expect a positive impact on the greater Dubuque area economy. Residents Survey: More than 8,000 responses Strong Support. The vast majority (91 %) of respondents strongly (78%) or somewhat (13%) support efforts to attract Dubuque air service. Willingness to Use. The vast majority (86%) of respondents would definitely (68%) or probably (18%) consider using Dubuque Regional Airport if air service were expanded to a major hub airport. Desired Service. Chicago O'Hare is by far the leading choice for new hub airport service, followed by Denver, Dallas, Minneapolis, and Atlanta. Impacts of Dubuque Air Service Expansion. 84% expect a positive impact on their household. Almost all (97%) expect a positive impact on the greater Dubuque area economy. After service was restored DBQ Air continued to survey customers. Dubuque Regional Airport Traveler Survey Results from a survey targeted toward travelers flying through Dubuque indicate that people who use the service have a positive experience. Here are some key results: • 88% rate their experience at the airport as excellent and 8% rate is as good • 93% are very likely to recommend the airport to friends, family, or colleagues • 96% are very likely or somewhat likely to use the airport in the future • 58% of respondents were leisure travelers, 29% were business travelers, and 13% were a combination of business and leisure 2 Page 812 of 1214 DISCUSSION Current enplanement and MRG funding data. Enplanement: To attain self-sufficiency, DBQ Air Service Consultant estimates Denver Air will need to reach an average 80% load factor. The last full month, October 2025, the load factor was 53%. On a 50-seat regional aircraft, an additional 13 passengers per flight is needed to reach 80%. DENVER AIR ENPLANEMENTS 2024 2025 January 382 February 412 March 531 April 459 May 630 June 595 July 640 August 694 September 767 October 786 November 461 December 476 Yearly Totals 937 5,896 Minimum Revenue Guarantee (MRG): SCASD and Partner Contributions Invoice Estimated Funds Needed Actual Payment Details November 2024 $276,608.03 SCASD December 2024 $260,321.95 SCASD January 2025* $361,762.02 SCASD February 2025 $326,687.00 SCASD March 2025 $312,362.41 SCASD April 2025* $333,773.15 SCASD May 2025 $363,468.77 SCASD $28,485.44 + Travel Dubuque $334,983.33 June 2025 $282,811.29 Travel Dubuque ($165,016.67) + Economic Development Revenue Guarantee $117,794.62 July 2025* $325,015.06 Economic Development Revenue Guarantee August 2025 $237,762.97 Economic Development Revenue Guarantee September 2025 $235,434.77 Economic Development Revenue Guarantee October 2025* $288,394.24 Economic Development Revenue Guarantee $30K less than estimate November 2025 $255,024.00 Forecast DAC Invoice December 2025 $255,024.00 Forecast DAC Invoice January 2026* $331,030.00 Forecast DAC Invoice February 2026 $262,304.00 Forecast DAC Invoice March, 16 2026 $115,332.00 Forecast DAC Invoice December 16 - March 16, 90 day notice ='/z March estimate 1 $1,218,714 1 $3,604,401.66 1 *Five Weeks Fund Balance SCASD $1.9M $0.00 Travel Dubuque $500,000 $0.00 Dubuque Count $100,000 $100,000.00 Economic Development Revenue Guarantee $2.4M $1,195,598.34 Business Community Fundraising $ December 10, 2025 $1,583,992.58 3 Page 813 of 1214 The Dubuque County Board of Supervisors has allocated $100,000 towards the MRG, leaving the business community to contribute $650,000. If the City Council decides on December 15, 2025, to direct the Airport Commission to issue 90-day notice to Denver Air that the MRG payments will end, the goal will be to not spend the money offered by Dubuque County. The Greater Dubuque Development Corporation and the Dubuque Area Chamber of Commerce are reporting limited success in raising $650,000 (now that Dubuque County has offered $100,000) as a match for the City's $750,000, but efforts continue at this time. At the December 15, 2025, City Council meeting, the City Council could review the amount of money raised from the business community, and review current numbers on Denver Air enplanements and the actual demands on the MRG fund through that date to help determine how many more months it is anticipated that the MRG can be paid. That review will be especially important because of the 90-day notice requirement if the City is going to stop paying the MRG to Denver Air. Denver Air has agreed that if they do receive a 90 day notice of termination that they will make every effort to relocate aircraft and flight crew, so that the City would not need to pay the MRG to the full 90 days. Dubuque Regional Airport Commission Air Service Subcommittee is recommending to Airport Commission at the Tuesday, December 2, 2025, meeting, Airport Director continue communications with Denver Air regarding minimum revenue guarantee status and in coordination with City Council invoke contractual actions required per agreement. ACTION TO BE TAKEN I respectfully recommend the Mayor and City Council receive and file this information and be prepared to take final action at the December 15, 2025 City Council meeting. Michael C. Van Milligen MCVM:td/jm/sv cc: Crenna Brumwell, City Attorney Cori Burbach, Assistant City Manager Todd Dalsing, Airport Director 0 Page 814 of 1214 Q swiw- DUBUQUE REGIONAL AIRPORT 11000 Airport Road + Dubuque, Iowa 52003 Tel:563-589-4128 Fax:563-589-4108 www.flydbq.com Airport Commissioners + RJBlocker Mike Phillips Ron Vaughn Mariann Kurtz Weber Bob Woodward December 2, 2025 Key Lime Air d/b/a Denver Air Connection 13252 E. Control Tower Road Englewood, CO 80112 To Whom It May Concern: This letter serves as official notice of termination of the contract between Key Lime Air d/b/a Denver Air Connection and the City of Dubuque by and through its duly authorized Airport Commission. This notice is sent pursuant to the requirements of Section 11 of the Air Services Agreement entered by the parties in September 2024. The termination will be effective ninety (90) days from the date of this letter, March 2, 2026, unless we can mutually agree to an earlier termination date. The termination is being executed for convenience, meaning it is not due to any fault or performance issue on your part, but due to the unfortunate position the City finds itself in as excluded from eligibility for the Essential Air Service program. During the ninety (90) day notice period, we know you will continue fulfilling your contractual obligations to the best of your abilities. We would like to begin discussion at your earliest convenience related to the transition and whether March 2, 2026, is the final date or whether an earlier date is agreeable. For any questions or clarifications regarding this notice and to set up discussion of the transition, please contact Todd Dalsing, Airport Director. We appreciated the partnership with Denver Air Connection. Sincerely, Mike Phillips Chair, Airport Commission cc: Todd Dalsing, Airport Director Brad M. Cavanagh, Mayor Michael C. Van Milligen, City Manager Crenna Brumwell, City Attorney Page 815 of 1214 Adrienne Breitfelder From: City of Dubuque <noreply-dubuque@gscend.com> Sent: Sunday, November 30, 2025 12:20 PM To: Adrienne Breitfelder Subject: A new Service Request has been created [Request ID #228383] (Contact City Council) - Dubuque, IA Caution! This message was sent from outside your organization. Never give your login Allow sender I Block sender information and password over email! Report Dubuque, IA A new service request has been filed. ID 228383 Date/Time 11/30/2025 12:20 PM Type Contact City Council Address Dubuque Origin Website Comments I am hoping that all of you continue to strongly support and find ways to keep the Dubuque Airport open. I don't mind paying for schools and emergency services, etc ... and paying a tax to keep the local airport functioning is also a service that I feel is worth the money. Thank you for all you have done to bring it back and hopefully keep it going. - Elaine Kray Submitter Kray, Elaine J 3095 Lindale St Dubuque, IA 52001 563-556-8155 ejkray@aol.com Dubuque, IA 1 Page 816 of 1214