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Measuring the economic value of airports in Washington State

By Janice Wood · February 16, 2011 ·

The Washington State Department of Transportation (WSDOT), with the support of the FAA, is conducting a statewide Aviation Economic Impact Study. This effort will communicate in detail the economic value that airports bring to the state, its communities and its wide range of users, according to officials.

Washington state’s system of 138 public airports contributes significantly to the statewide transportation system and economy, officials add.

The outcome of the Aviation Economic Impact Study will inform a number of critical questions:

  • What are the statewide economic impacts and benefits provided by the aviation system?
  • What is the potential value of airport investments?
  • How can airports serve as economic development tools?

The study will update economic data such as the jobs, wages and types of businesses at each airport. It will also produce an online economic calculator that will allow users to input various “what if” scenarios at individual airports. Decision makers can use this tool to explore economic development opportunities, attract businesses and weigh investment choices, according to WSDOT officials. The updated information and interactive calculator will integrate with WSDOT’s current Airport Information System database.

The Aviation Economic Impact Study is scheduled for completion in January 2012.

For more information: WSDOT.Wa.gov

About Janice Wood

Janice Wood is editor of General Aviation News.

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