Friday, April 27, 2012

WA Aviation Industry soars in the last decade

Did you know there are 135 public-use airports all across Washington? We bet your also wondering just how these airports support and contribute to Washington’s economy, aren’t you? Well, listen up, folks, because we’ve got news for you!

The recently released 2012 Aviation Economic Impact Study conducted by the Aviation Division of the Washington State Dept. of Transportation provides us with an in-depth look at the economic benefits of our public-use airports.

Photo credit: Magnus Manske
  • About 248,500 jobs, $15.3 billion in wages and $50.9 billion in economic activity are created by statewide commercial and general aviation activity in Washington.
  • Many small aviation facilities provide much-needed access to life-saving medical air transport, disaster management, as well as support when a wildfire occurs.
  • More than $540 million in tax revenue is directed into Washington’s General Fund annually.
  • Cities, special purpose districts and counties receive about $243 million in annual tax revenue, as well.

At the time of the last study in 2001, this same industry was responsible for only 171,300 jobs, a little more than $4 billion in wages and $18.5 billion in annual sales.

To read more about the study, click here.

To read this post in Spanish, click here.