Port of Oakland real estate view: tough now, but ‘sky’s the limit’

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EDITOR’S NOTE: For Commercial Real Estate update video, click HERE Oakland, Calif. – July 15, 2020: COVID-19 has caused upheaval for Port of Oakland tenants, but its Commercial Real Estate Director says don’t despair. Better times are coming. “This is a fantastic place to be,” the Port’s Pamela Kershaw said in a video interview today.  […]

Port of Oakland Oks FY 2021 budget midst COVID-19 crisis

Port of Oakland

Oakland, Calif. – June 29, 2020:  Coronavirus-induced business declines have prompted the Port of Oakland to curtail Fiscal Year 2021 spending plans.  Port Commissioners last week approved a budget for next year down 15.84 percent from FY 2020 levels. The Port budget projects $432.5 million in operating and capital expenditures and debt service payments next […]

Port of Oakland leaders send message to East Bay businesses: Fly OAK first

Oakland, Calif. – June 25, 2020: The Port of Oakland and its Oakland International Airport (OAK) are aiming to reinvigorate air travel by taking its message of resilience directly to the East Bay’s business community. The air travel industry has begun to show signs of recovery in Oakland after industry-wide declines due to the COVID-19 pandemic. As […]

Port of Oakland Board President speaks out for social justice

EDITOR’S NOTE: For Board President video, click HERE Oakland, Calif. – June 19, 2020: Port of Oakland Board President Ces Butner denounced social injustice today as West Coast dockworkers prepared to protest racism.  The Port must stand up for what’s right, President Butner declared in an online video interview distributed to employees and the public. […]

Oakland International launches media campaign aimed at recovery: “We’re ready to see you all fly the East Bay Way once again”

Oakland, CA: (June 9, 2020) – Oakland International Airport has launched a month-long broadcast media campaign intended to welcome travelers back following dramatic industry-wide declines caused by the COVID-19 pandemic.  Throughout the month of June, the campaign will air commercials on local Bay Area television, including spots on cable, local news, public television, and network programs, as […]

Port of Oakland issues statement on racial justice

Port of Oakland

Oakland, Calif. – June 8, 2020:  The Port of Oakland today issued the following statement regarding racial justice and the killing May 25 of George Floyd in Minneapolis: The Port of Oakland, as a member of the Oakland East Bay community and a public enterprise of international commerce, supports the movement for social and racial […]

Oakland International Airport exec: fliers ‘itching to hop aboard’

Oakland, Calif. – June 3, 2020: Coronavirus recovery could come slowly to the aviation sector, Oakland International Airport’s top executive warned today.  But Bryant Francis expressed confidence that travelers would soon begin returning to the skies. “Many life-long travelers, like myself, are itching to hop back on board,” the Port of Oakland’s Aviation Director said […]

Port of Oakland looks to lead East Bay rebound from COVID-19

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Oakland, Calif. – May 22, 2020:  This region’s economic rebound from coronavirus would most likely start at the Port of Oakland.  That’s what the Port’s Executive Director told East Bay business and civic leaders this week while seeking their support. Danny Wan assured the East Bay Economic Development Alliance that his Port would be “poised […]

OAK reports dramatic declines due to pandemic; recovery possible beginning this summer

Steep decline in passenger traffic at OAK

Oakland, Calif. – May 21, 2020:   A steep decline in air travel is one of many shifts in culture caused by the global COVID-19 pandemic. With California and many other states under Shelter in Place orders since mid-March, Oakland International Airport now reports that it experienced a 96% decline in passenger traffic during the month of April, […]

Port of Oakland COVID-19 response enters new phase

EDITOR’S NOTE: Click HERE for Executive Director’s video update. Oakland, Calif. – May 18, 2020:  It’s time to address the financial impact of coronavirus, Port of Oakland Executive Director Danny Wan said today.  In a widely distributed video, the Port executive said his organization is readying countermeasures to offset crippling revenue declines.  His stated aim: […]