Executive Summary - Pittsburgh - Pittsburgh International Airport
Transcription
Executive Summary - Pittsburgh - Pittsburgh International Airport
Local Business Traveler: Returning from Denver after winning $5 million contract Concession Manager: Earns $29,000 annually Leisure Traveler: Spent $90 in AirMall Passenger Service Clerk: Employed over 15 years Leisure Traveler: Visited sister in Rostraver. Spent $300 Visiting Passenger: Attended convention downtown. Spent $1,200 Business Traveler: Spent $900 in Pittsburgh Photo credit: BAA USA, Inc. Pittsburgh International Airport and Allegheny County Airport, when combined, generate billions of dollars of economic activity and support thousands of quality jobs in the Pittsburgh region. Allegheny county airport authority AIRPORTs SUPPORT Total Employment A survey of regional businesses indicates that many depend on commercial air service and general aviation airports in metropolitan Pittsburgh. Without access to the Allegheny County Airport Authority airports, companies would cut employment or possibly relocate outside the area. It is estimated that at least 354,500 jobs in the Pittsburgh region are in some way reliant on air transportation services provided by Allegheny County Airport Authority airports. 72,850 jobs Total Payroll $2.2 billion Total Economic Activity $6.1 billion For more information contact: Allegheny County Airport Authority Pittsburgh International Airport P.O. Box 12370 Pittsburgh, PA 15231 www.flypittsburgh.com Eric Buncher Manager - Planning Services 412.472.5692 Prepared by: Economic Impact Pittsburgh International Airport Allegheny County Airport Executive Summary September 2009 Pittsburgh International Airport Pittsburgh International Airport continues to be recognized as one of the cornerstones of the region’s economy. In 2008, the airport served the air transportation needs of nearly 9.6 million passengers and handled more than 84,500 metric tons of cargo. Thirteen passenger airlines and their 11 affiliates operate at Pittsburgh International Airport, providing non-stop service to 39 cities with 168 average daily flights. US Airways has a significant presence on the airport with its aircraft maintenance facility as well as its newly completed Operations Control Center. Low cost carrier (LCC) Southwest entered the Pittsburgh market in May 2005 offering connections to Chicago Midway, Philadelphia, Orlando and Las Vegas. JetBlue began direct LCC service in 2006 to Boston and New York, important destinations to the Pittsburgh business community. AirTran has operated at the airport since 2000 and offers direct flights to Atlanta, Fort Lauderdale, Orlando, Fort Myers, and Tampa. In the terminal, BAA USA has created the AIRMALL, which is a state of the art shopping mall within the airport. Important findings Approximately 71,160 residents of the Pittsburgh region are employed, directly or indirectly, as a result of Pittsburgh International Airport. These employees represent 5.9 percent of all workers in the Pittsburgh Metropolitan Statistical Area (MSA). Pittsburgh International Airport’s total economic impact comprises 5.1 percent of the estimated Gross Metropolitan Product (GMP) for the Pittsburgh MSA. The aggregate of all on-airport jobs means Pittsburgh International Airport has the 5th highest number of employees in the Pittsburgh MSA. In 2007, the airport accommodated over 84,500 metric tons of cargo to meet the needs of regional businesses and consumers. Air cargo businesses at Pittsburgh International Airport support 587 full-time employees earning $21 million annually. The Pennsylvania Air National Guard’s 171st Air Refueling Wing (ARW) and United States Air Force’s 911th Airlift Wing are based at Pittsburgh International Airport. The 171st ARW operates sixteen KC-135T Stratotanker aircraft while the 911th Airlift Wing operates eight C-130H “Hercules” aircraft. When on-airport, visitor and multiplier impacts are summed for 2008, the airport is responsible for approximately 71,160 jobs, $2.1 billion in payroll and $5.7 billion in economic activity. PITTSBURGH INTERNATIONAL AIRPORT SUPPORTS Total Employment 71,160 jobs Total Payroll Total Economic Activity Allegheny County Airport The Allegheny County Airport serves as the primary FAAdesignated reliever airport for Pittsburgh International Airport. With a primary runway in excess of 6,500 feet in length and a full complement of navigational aids and amenities, this airport supports operations by any business class aircraft in the world. Many of the area’s largest corporations base their aircraft at the airport. The businesses routinely charter aircraft, ship and receive supplies and products, and have customers and suppliers who arrive routinely via the airport. Some of the major corporations that base aircraft at the airport include CONSOL, ALCOA, PPG Industries, and PNC Financial Corporation. Other area businesses and agencies that rely on the Allegheny County Airport include Anthony Holdings, Pittsburgh Institute of Aeronautics, Federated Investments, and J.J. Gumberg. Many of the nation’s leading Fortune 500 companies fly into the airport on a regular basis. Allegheny County Airport is the primary corporate aviation facility in the Pittsburgh region. Like Pittsburgh International, Allegheny County Airport serves as a major employment center and economic catalyst. More than 590 persons are directly employed on the airport earning approximately $30.0 million annually. In 2008, the airport accommodated more than 76,500 operations, many of which were supporting regional businesses. When all impacts were considered, Allegheny County Airport was responsible for approximately 1,690 jobs, with a payroll approaching $66.6 million. In 2008, the total economic activity stemming from the airport is nearly $322.9 million. Allegheny County AIRPORT SUPPORTS Total Employment 1,690 jobs $2.1 billion Total Payroll $66.6 million $5.7 billion Total Economic Activity $322.9 million The current economic impact includes expenditures by over 100 on-airport businesses and government agencies, including Dick’s Sporting Goods, Michael Baker Jr., and McGarrity Army Reserve Center. These entities support over 12,100 full-time equivalent jobs with an annual payroll of $540.2 million. Impacts also include expenditures from over 1.7 million visitors to the Pittsburgh region that arrive via Pittsburgh International Airport, as well as the multiplier effect associated with this spending. Study Process The Allegheny County Airport Authority initiated a study to quantify the economic benefits that stem from both airports. This study followed a proven, FAA-supported, methodology that accounts for impacts from onairport tenants, government activity and capital improvements as well as regional impacts from visitors using the facilities. In addition, these first-round economic benefits are nearly doubled as a result of the multiplier effect. As the tenant and visitor spending takes place in the region, it supports successive waves of employment, payroll, and output. For example, an airport employee buys local goods and services, thereby benefiting local businesses and creating additional local employment. When all the impacts are summed, a clear picture of the true regional value of Pittsburgh International and Allegheny County airports emerges.