Standard Parking Selected to Handle Parking Operations at Cherry Capital Airport

Standard Parking Corporation (Nasdaq:STAN), one of the nation's leading providers of parking management services, announced today that it has been awarded the contract to manage the parking operations at Cherry Capital Airport in Traverse City, Michigan. The Airport Commission recently completed a $54 million state-of-the-art airline terminal complex with a new roadway system and parking lots totaling 970 spaces.
standard_parking2.jpgWith the addition of the Cherry Capital Airport, standard Parking now manages the parking operations at six airports in the State of Michigan. "The opportunity to operate the Cherry Capital Airport parking facility further expands our partnership with the airport community, reflecting the industry's recognition of the quality of our parking management services across the country," noted Jack Ricchiuto, Executive Vice President for Standard Parking.

Standard Parking Corporation, with approximately 11,000 employees, manages approximately 1,900 parking facilities containing over one million parking spaces in close to 300 cities across the United States and Canada. The Company manages parking-related and shuttle bus operations serving more than 60 airports.
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