A new economic impact study by the Florida Department of Transportation (FDOT) found that Jacksonville Aviation Authority’s (JAA) four-airport system contributes more than $6 billion annually to the local economy.
The Florida Statewide Aviation Economic Impact Study measured the benefits of on-airport impacts, visitor spending impacts, and multiplier impacts of Jacksonville International Airport (JAX), Jacksonville Executive at Craig Airport (JAXEX), Cecil Airport, and Herlong Recreational Airports.
“As this FDOT study shows, our aviation system is a significant contributor to Northeast Florida’s economy,” said JAA CEO Mark VanLoh. “The expected growth at each of our four airports will continue fueling the region’s financial health.”
The report was prepared as part of the Florida Aviation System Plan’s (FASP) 2018 update and provided the estimated annual economic impact on Florida’s 20 commercial service airports, 100 public-use general aviation airports, and 11 military aviation facilities. A total economic impact of $175 billion dollars is generated annually by aviation in Florida.
Jacksonville International Airport (JAX) generates $3,194,422,000, the highest economic impact of the four airports the JAA operates. It supports 26,396 jobs generating a payroll of close to one billion dollars. The airport also offers educational tours and an internship program through local colleges.
The Jacksonville Executive at Craig Airport (JAXEX) created 885 jobs, establishing a payroll of close to $33 million and provides an economic impact of over $100 million. Given its location between downtown Jacksonville and the beach, the airport attracts corporate and business users, and is home to several flight schools.
Cecil Airport provides Northeast Florida with an economic impact of close to $3 billion, over 11,000 jobs and a total payroll of close to $700 million. Cecil Airport is a public joint civil-military airport and spaceport serving military aircraft, corporate aircraft, general aviation, and air cargo.
Herlong Recreational is JAA’s smallest airport but still provides Florida with an economic impact of $52,471,000 and created 379 jobs with a total payroll of over $16 million. This airport has been Northeast Florida’s primary location for light sport aircraft, skydiving, gliders, and other experimental aircraft since the 1960’s. It is home to the Soaring Society Glider Club and supports a private charter company, a flight school, skydiving business, and a maintenance shop.
For more information about the economic impact studies, visit http://ow.ly/bXFU30ojs3d