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Massport Year in Review

Collage of images from 2024

 

Message from the CEO

CEO Rich Davey

After being knocked down during COVID, Massport is back! In 2024, we broke passenger records in aviation, maritime and high-occupancy vehicle (HOV) ground transit. We also continued investing in safety, security and emergency preparedness – our top priority. For the first time, Logan Airport was named one of the top 10 airports in the J.D. Power 2024 North America Airport Satisfaction Study.  The Authority achieved a new high in total revenue, made solid progress on our Net Zero 2031 commitments, completed major projects and began breaking ground on others, all while further strengthening our relationships with neighborhoods and stakeholders. As Massport’s newest CEO, I am proud of the entire Massport team for their remarkable efforts and successes in 2024 and I deeply appreciate Ed Freni’s leadership during the CEO transition.

As we look back on our 2024 accomplishments, we are also looking ahead to ensure we can efficiently serve our customers and continue driving economic growth in the Commonwealth.  In 2025, we will focus on my six top priorities as we launch an Authority-wide strategic planning effort to guide us over the next ten years.

2025 Priorities

1.    Planning and managing for growth
2.    Customer satisfaction
3.    Financial performance
4.    Massport as an employer of choice
5.    Doubling down in the fight against climate change
6.    Leadership and innovation
 

 

Safety and Security

Massport is committed to safety and security working in tandem with our tenants, local, state and federal security and emergency partners. In 2024, Massport successfully completed the largest-ever active shooter training exercise at Boston Logan which involved first responders and law enforcement from local communities, our federal partners, role-playing volunteers and Massport staff. The Authority also conducted full-scale training exercises at Hanscom Field and Worcester Regional Airport. 

Aviation

Boston Logan International Airport

Boston Logan International Airport served a record number of passengers in 2024 – 43.5 million. New England’s largest airport added more airlines that provided connections to overseas destinations, including in Europe, Asia and Central America, which led to a record 9 million+ international passengers served last year. As more passengers traveled through Boston Logan, we renewed our commitment to customer service and increased our ranking in the J.D. Power customer satisfaction survey, from 16th place in 2023 to 10th place in 2024.

Worcester Regional Airport

2024 was a banner year for Worcester Regional Airport. It served nearly 230,000 passengers, the highest number in 34 years. As demand for commercial service in Central Massachusetts continued to rise, Massport made investments on the airport to create a larger security checkpoint, increase seating capacity in the departure lounge, add more parking spaces and enhance runway safety features. 

Hanscom Field

As the premier full-service general aviation airport in the region, Laurence G. Hanscom Field provides a critical transportation hub for local businesses, emergency flight services, private and chartered aircraft. In 2024, Massport completed a runway rehabilitation project at Hanscom and enhanced its energy efficiency.

Maritime

Conley Terminal

The Port of Boston’s customers continued to reap the benefits of the modernized Conley Terminal. In 2024, Conley’s container volume grew by 6%. Massport also opened a new dedicated truck route to provide an efficient artery for all commercial vehicles in the South Boston Waterfront to reduce congestion in the neighborhood.

Flynn Cruiseport

The demand for cruising at the Port of Boston continued to rise. In 2024, Flynn Cruiseport Boston served 480,000+ passengers, a 29% increase over the 2023 cruise season.  Massport also announced a $100M investment in the facility, including a sustainable shore power system that will allow ships to plug in for electricity while docked.

Real Estate and Asset Management

In 2024, two transformative development projects continued to advance in the South Boston Waterfront. The 10 World Trade office/lab project, a green building, will create 100,000+ sf of public open space when it opens in 2025. A mixed-income housing development project proposed on Parcel D-4 will expand affordable housing options in the neighborhood. Massport also launched a seasonal weekly Fish & Farm Public Market at the Boston Fish Pier to support our seafood tenants, and plan to operate the market again in 2025.

Sustainable Ground Transportation

Massport is proactively managing the passenger growth at Logan Airport by expanding our HOV-transit modes of transportation. In collaboration with the MBTA and private bus companies, we are working to provide more sustainable ground transportation options and reduce roadway congestion. 

Commitment to Net Zero

Massport is committed to reaching Net Zero by 2031. Our roadmap to Net Zero includes energy efficiency, clean and renewable energy sources, sustainable ground transportation, partnerships and a culture of sustainability. Last year we formed important partnerships with our sister agencies to tackle aircraft emissions, worked to reduce emissions in our diesel fleets and made progress on transitioning to hybrid and all electric vehicles and equipment.

Community

Massport is committed to being a good neighbor. In 2024, the Authority continued its collaborations with local communities through foundation payments, charitable contributions, community sponsorships,  youth summer jobs and student scholarships.

FY2024 Annual Comprehensive Financial Report

Our transportation facilities are critical assets that drive economic growth in the Commonwealth by connecting Massachusetts residents and businesses to the world and bringing visitors from every corner of the globe. FY24 marked a year of growth and recovery, investment for the future and a steadfast commitment to sustainability, all while fostering strong  relationships with our business partners and communities.

2024 Annual Comprehensive Financial Report