Ryan Trujillo, Deputy Chief of Staff
Alex Kovacs, Aviation Director Candidate
Ryan Trujillo, Deputy Chief of Staff, provided an overview of Mayor Yemi’s
appointment of Alex Kovacs as Aviation Director. He identified the
recruitment process, Mr. Kovacs’ credentials for this position and
achievements during his time with the City.
Mr. Kovacs expressed appreciation for the opportunity to serve the City in
this capacity and gave a brief overview of his employment history, and his
mission for this role, his leadership style, and goals.
Councilmember Williams asked Mr. Kovacs where he anticipates the
revenue will come from in 2026. Mr. Kovacs explained they will need to
diversify non-airline revenue such as development of Peak Innovation Park,
parking, land leases, and increasing rental car companies and they are
planning to decrease costs by bringing in more airlines which also include
cargo airlines.
Councilmember Williams asked if leases outside Peak Innovation Park
would benefit the airport. Mr. Kovacs confirmed they also have aeronautical
development on airport land.
Councilmember Williams asked if the airport has a capital improvement
plan in place. Mr. Kovacs confirmed they have a five-year capital plan in
place and are continually working on the funding sources for it.
Councilmember Leinweber asked how the super users of the airport could
be rewarded. Mr. Kovacs stated they can offer a parking program to
reduce their cost, a good customer experience, and accessibility.
President Pro Tem Risley requested additional information regarding
leveraging debt in a smart way and what the implications are for the
airlines. Mr. Kovacs stated the airlines are governed by the Airline Use and
Lease Agreement, capital projects go before the airlines for approval, and
larger capital projects are supported by the federal government through
grants and Colorado Department of Transportation Aeronautics Division.
President Pro Tem Risley asked if how they would leverage debt was
aspirational. Mr. Kovacs stated it is not aspirational but are not at a point
where a feasibility study is complete and they can issue debt.
President Pro Tem Risley asked if Mr. Kovacs views leveraging debt for
capital as an expense or an investment. Mr. Kovacs stated he views it as
both because it is an investment for the future of the airport. President Pro
Tem Risley asked if he views Peak Innovation Park in the same manner.
Mr. Kovacs confirmed that he views all development of facilities as an
investment but also looks at the feasibility of the investment.