Hector Airport Makes A Significant Contribution To The Regional Economy
The North Dakota Aeronautics Commission recently completed a research project to estimate the annual economic impacts that all facets of aviation have on North Dakota’s economy. The Commission’s project included estimating the annual economic impact associated with Fargo’s Hector International Airport.
North Dakota’s public-use airport system consists of eight commercial service airports and 81 general aviation airports. The study measured jobs, annual payroll, and annual output. Output represents the purchase of goods and services within North Dakota. These economic impacts were measured for activities associated with airport management, on-airport aviation related businesses, capital investment, and spending by visitors to North Dakota who arrive at one of the public-use airports.
The economic impact study showed the annual output from the public-use airports in North Dakota is almost $1.6 billion. When combined with the output from other aviation and aerospace related activities, all airport, aviation, and aerospace related activities have a total collective annual estimated annual economic output of $3.66 billion. This output represents approximately eight percent of North Dakota’s Real Gross State Product. Airports and aviation are major drivers and contributors to North Dakota’s economy. “The total number of jobs all airports support is 12,217; annual payroll for these jobs is over $505 million; and estimated annual output from all airports almost $1.6 billion,” said Kyle Wanner, Director of the Aeronautics Commission.
The state study estimated, that when all direct and indirect impacts are considered, Fargo’s Hector International Airport supports 3,353 jobs, $142,166,337 in annual payroll, and $387,465,584 in annual output. An important part of the airport’s estimated annual economic impact is generated by spending by visitor who arrive in North Dakota via the airport. The state study estimates that nearly 244,000 visitors use Fargo’s Hector International Airport for their travel needs annually. The Fargo Airport Authority maintains vital partnerships with the Greater Fargo Moorhead Economic Development Corporation, Fargo Moorhead Convention and Visitors Bureau and the Fargo Moorhead West Fargo Chamber of Commerce. This collective partnership provides a direct line of communication to the business community who rely on Fargo’s Hector International Airport for their domestic and international travel needs via the commercial air carriers or the corporate and general aviation operations. The airport also works closely with the North Dakota National Guard Bureau in an effort to enhance the important missions assigned to the Air National Guard and Army National Guard. The airport is proud to partner with its primary Fixed Base Operator (FBO) Fargo Jet Center who continues to be recognized around the world for providing superior aviation services.
The North Dakota Aeronautics Commission is responsible for overseeing the state’s public-use airport system. Funding from the Commission helps to insure that North Dakota communities are served by a diversified and well developed airport system. Information from the Commission’s research project helps to determine economic return from their investment.
More information on the study is available by clicking these links –