A measure of worth.
The Capital Region International Airport is an essential asset to the tri-county area. Serving a population of over 447,000 people, as well as state government and some of the largest employers in Michigan, the airport plays a significant role in the transportation system and economic health of the region and the state. The airport contributes nearly 7,400 jobs and almost $240 million in wage income to the tri-county region. Hundreds of throusands of travelers use the airport each year to connect to the entire world through major airlines. In addition to passengers, the airport services thousands of tons of air cargo annually, and provides support for corporate and general aviation. The Capital Region International Airport is, and will continue to be, dedicated to finding ways to be cost-conscious and efficient, and to bring air service to this region.
Economic Impact Study Overview
Purpose: To establish the extent of traveler use and business reliance on the airport within the tri-county metropolitan area.
Methodology: Surveys reached out to over 1,000 businesses to obtain information on the extent of their use and reliance on the local airport.
A three-region economic impact model was used to trace the nature of job, income and business output generated by the airport and its use.
Findings: The regional value of the Capital Region International Airport:
- 7,400 jobs
- $240 million in wage income
- $652 million to businesses
- Total Economic Impact to the region: $892 million
To learn more about the Economic Impact Study, please contact Stephanie Ward, AICP, Project Manager, Mead & Hunt, at 517-321-8334.