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Types of Economic Impact

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Presentation on theme: "Types of Economic Impact"— Presentation transcript:

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2 Types of Economic Impact
Direct: Revenue that is generated directly as a result of airport employment & the operation of airport businesses. Indirect: Measures the economic activity associated with the money spent at the airport & in the community. Induced: Multiplier effect that recognizes that money spent by an airport employee or business partner is recycled in the local community.

3 Economic Impact of Aviation in Arizona
$32B Annually 185,000+ Jobs $7.1B Payroll Annually $1.8B Tax Revenue

4 Direct Economic Impact of Phoenix Sky Harbor International Airport
57,432 Jobs at the Airport $13B Payroll

5 Direct Economic Impact of Phoenix Deer Valley Airport
965 Jobs $72M Payroll

6 Phoenix Deer Valley Airport Partners
Fixed Base Operator Flight Schools Phoenix Police Restaurant Self-Serve Aviation Fuel Arizona Game & Fish Aircraft Restoration

7 Opportunities for Airports
FBO Flight Training Fuel Sales Restaurant Aircraft Maintenance Aircraft Interiors Propeller Repair Engine Repair Avionics Painting Services Agriculture Sightseeing Sky Diving Space Port Defense Contractors Manufacturing

8 Keys to Success Airport Infrastructure Affordable Ground Rent Rates
“Destination” Community Engage Economic Development Department

9 Maximizing Local Airports:
The Economic Impact of Aviation to Arizona’s Communities

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12 140 acres surrounded by state trust land
811.5 square nautical miles 1,075 square statute miles Perimeter: 130 nautical miles 149.6 statute miles Unrestricted airspace Elevation from 3,179 to 7,005 feet FAA & NAS airspace Population is minimal

13 Thank You!


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