He pointed to the airport’s own study from 2017 that found it has an economic impact of $451 million.Īs the airport looks ahead to what comes after the final phase of its terminal modernization project, Lenss said it plans to focus on other growth opportunities, including air cargo and a partnership with Kirkwood Community College on the new Aviation Maintenance Technology program. Lenss said the impact and importance of aviation is clear in the report, but he believes the airport’s economic impact is even greater than what the report found. The airport supports 3,731 total jobs, with 586 of those being direct jobs, according to the report. The report estimates The Eastern Iowa Airport’s annual economic activity at $321,964,000. Add your contacts.Ĭhristmas and spring break are also anticipated to be busy. You will begin to receive our Daily Business News updates. Thanksgiving was a busy period, with the airport having to open overflow parking for the first time in a while. Trend lines are moving in the right direction for The Eastern Iowa Airport, Lenss said. In the Corridor, The Eastern Iowa Airport brings $322 million in total annual economic activity $24 million for the Iowa City Municipal Airport and $3 million for the Marion Airport, according to the report’s numbers. A healthy and vibrant system is an important component to Iowa’s friendly business climate,” McClung said. “However, the larger impact comes from the benefits users gain by having a strong aviation system that supports the movement of people and goods. “The aviation and aerospace industries provide important services and generate significant economic impact in Iowa,” Iowa DOT Aviation Director Tim McClung said in a statement.
Iowa has a total of 108 public-owned airports. The Iowa Department of Transportation’s Aviation Economic Impact report found the industry has an annual impact of $6.4 billion in economic activity, supports nearly 41,000 jobs and generates $124 million in tax revenue.
The overall impact of aviation in Iowa - whether that’s commercial service, air cargo, aircraft maintenance or another aviation-related activity - has an important impact on the state’s economy, a new report found.
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