ACAA Releases Results of Economic Impact of PIT and AGC on Region
November 13, 2009
ALLEGHENY COUNTY AIRPORT AUTHORITY RELEASES RESULTS OF ECONOMIC IMPACT OF PITTSBURGH INTERNATIONAL AND ALLEGHENY COUNTY AIRPORTS ON REGION
PITTSBURGH, PA (November 13, 2009)—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, according to a recent study.
In 2008, the Allegheny County Airport Authority commissioned the Airport Economic Impact Study, conducted by Wilbur Smith Associates, to quantify the economic benefits generated by both airports. This study followed a proven, FAA-supported, methodology that accounts for impacts from airport tenants, government activity and capital improvements as well as regional impacts from visitors using the facilities.
“The study demonstrates the important roles played by both Pittsburgh International Airport and Allegheny County Airport in providing and supporting vital air transportation links, economic development, and jobs in the Pittsburgh region,” said Allegheny County Executive Dan Onorato.
“The aggregate of all on-airport jobs means Pittsburgh International Airport has the fifth highest number of employees in the Pittsburgh metro area,” said Glenn R. Mahone, Chairman, Allegheny County Airport Authority.
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 these airports.
When all factors are combined, the airports support approximately 72,850 jobs, generate nearly $2.2 billion in payroll, produce nearly $6.1 billion in economic activity and serve as vital transportation links to the business community.
“The results further establish Allegheny County Airport Authority airports as primary catalysts for economic growth in the region,” said Mahone.
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