1. Finding Your Place In Today’s Economy Mike Hainsey, A.A.E. Executive Director Golden Triangle Regional Airport (GTR) Columbus, Mississippi Economic Development at Small Regional and GA Airports *

2. Economic Survival THE MESSAGE THE MESSAGE Airports are economic engines Airports are economic engines Communities need a viable airport to grow Communities need a viable airport to grow Smaller airports may need non-traditional means to survive Smaller airports may need non-traditional means to survive *

3. Southwest sticks with plan to cut capacity by 4% in 2009 USA Today The Landscape Has Changed Airlines cut service Airlines cut service Fuel prices Fuel prices Air travel drops double- digits Air travel drops double- digits The result: Airport revenues go down The result: Airport revenues go down Fewer flights, higher fares As the cost of jet fuel rises, 6 leading airlines cut capacity. American Airlines' parent AMR to cut 6,500 or more jobs Delta Cuts Flights 20%-- cuts workforce by 75K 2009 Passenger Boardings Jackson-12.4% Gulfport-34.9% Tupelo-33.8% Greenville -38.9%

4. Taking A Success Story & Building On It Golden Triangle Regional Airport Year: 1999 Jobs: 57 total *

5. American Eurocopter (EADS NA)  Makes helicopter for civilian and military use  400 jobs @ $55K  300,000 sq ft Taking A Success Story & Building On It

6. Severstal Columbus  Russian steel “mini-mill”  $1.6 billion facility  650 direct jobs  Numerous spinoffs  Rolled steel for commercial and auto use

7. Taking A Success Story & Building On It Aurora Flight Science  UAV manufacturer  80,000 sq ft facility  300 high tech jobs

8. PACCAR  Parent company for Peterbilt and Kenworth trucks  Making Dutch diesel engine  $500 million facility  850 high-paying jobs Taking A Success Story & Building On It

9. Stark Aerospace  Subsidiary of Israel Aerospace  Makes UAVs and other defense products  200 high-tech jobs--$55K+  110,000 sq ft Taking A Success Story & Building On It

10. Golden Triangle Regional Airport Year: 2009 Total New Jobs: 2750 Economic Investment: $3 billion+ Am. Eurocopter Steel Mill Aurora Stark Aerospace PACCAR Taking A Success Story & Building On It

11. Other Factors Columbus AF Base Columbus AF Base 12 Air Miles from GTR 12 Air Miles from GTR Busiest AF Base in the world Busiest AF Base in the world Airport business Airport business Control tower Control tower Fuel Fuel O & M costs O & M costs State-funded second ILS (BRAC initiative) State-funded second ILS (BRAC initiative) *

12. GTRA has become a hub for Economic Development GTRA has become a hub for Economic Development Airports must take an active role in Community Development Airports must take an active role in Community Development Part of a team Part of a team Normally the only expert in aviation matters Normally the only expert in aviation matters The Future *

13. Air Service Air Service Regional airports hit hard Regional airports hit hard One major deal does not mean new service! One major deal does not mean new service! Economics of regional service Economics of regional service International travel a plus International travel a plus

14. How To? Find your niche! Find your niche! Use team approach Use team approach Local leaders Local leaders State agencies State agencies Congressional delegation Congressional delegation Think regional! Think regional!

15. How To? Find your partners Find your partners Universities Universities Convention/Visitor Bureau Convention/Visitor Bureau Quality of Life Quality of Life Aviation agencies Aviation agencies FAA FAA State DOT State DOT State airports assn State airports assn

16. Airports are economic engines Airports are economic engines Aviation sector is a challenge financially Aviation sector is a challenge financially Smaller airports hit hardest Smaller airports hit hardest Airports must diversify to survive Airports must diversify to survive Find your niche and develop it! Find your niche and develop it! Summary * Am. Eurocopter Steel Mill Aurora Stark Aerospace PACCAR