Study: Wyoming Airports Generate Big Bucks For the State
A study releaed by the the Wyoming Department of Transportation’s Aeronautics Division found that 35 of the state’s public-use airports generate a combined $1.4 billion in economic activity in the state annually.
The study estimates 12,268 jobs in the state are related to airport management, airport tenants, visitor spending and capital investment in the airports. The annual payroll associated with those jobs is $526.4 million.
According to the study when all annual spending related to airports, airport tenants, capital investment and air visitors is considered, the study estimates Wyoming airports support $1.4 billion in total annual economic activity or output.
The study also found that visitors who arrive in Wyoming on commercial airline flights spend $547.2 million in the state annually, and that spending supports 8,438 jobs with an annual payroll of $318 million. The airports themselves account for 283 jobs in administration, operation and maintenance, with an annual payroll of $13.7 million.
The study completed by consultants ICF-SH&E, Kramer Aerotek and Jviation estimates the airports and the activities they support also generate $55 million in state and local tax revenues each year.