$75.7 Billion in Airport Capital Needs
The ACI-NA 2015 Capital Needs study indicates that airports, including both commercial and general aviation airports, have $75.7 billion in total projects that are considered essential by the airport and airport users. The comprehensive study focused on all airport projects, not just those that are Airport Improvement Program (AIP) eligible, as is the case with the Federal Aviation Administration’s National Plan of Integrated Airport Systems (NPIAS) report. Information on the types of projects by airport size for 2015 - 2019 is outlined in the report below.
$1.1 Trillion Economic Impact Supporting 9.6 Million Jobs
America’s commercial airports are powerful economic engines – generating billions of dollars in annual activity, and supporting millions of stable, good-paying jobs. Using data from more than 90 airport economic impact studies encompassing 485 commercial airports in the U.S., a 2013 study found that U.S. commercial airports support nearly 9.6 million jobs, create annual payrolls totaling $358 billion, and produce an annual output of $1.1 trillion.