{"id":689,"date":"2021-08-05T11:45:04","date_gmt":"2021-08-05T11:45:04","guid":{"rendered":"https:\/\/crp.trb.org\/uat\/acrp0358\/?page_id=689"},"modified":"2021-08-05T11:45:04","modified_gmt":"2021-08-05T11:45:04","slug":"understanding-air-service-and-regional-economic-activity","status":"publish","type":"page","link":"https:\/\/crp.trb.org\/acrpwebresource12\/understanding-air-service-and-regional-economic-activity\/","title":{"rendered":"Understanding Air Service and Regional Economic Activity"},"content":{"rendered":"\n
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Understanding Air Service and Regional Economic Activity<\/h1>\n\n\n
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An airport\u2019s economic impact is traditionally a measurement of the extent to which the facility contributes to an area\u2019s employment. It is based on employment at the airport and in supplier industries.  Airport economic impact studies also usually include the effects of spending by travelers who fly into the region to visit for business or leisure activities. <\/p>\n\n\n

However, air service exerts major impacts on a region\u2019s economy beyond those two facets. Air service facilitates businesses in the region by providing passenger transportation and rapid long-distance cargo movement. For businesses, passenger and cargo transportation services are intermediate purchases used to facilitate production or sales. For example, a company may acquire an electronic component that is part of a larger product. After production, that product may be sent by air to a customer. Similarly, business travel is a means to provide services or facilitate sales.<\/p>\n\n\n

Changes in air service thus affect businesses and industries within a region. Air service changes can take many forms. An airport can see changes in the number of airlines that offer scheduled flights.\u00a0Incumbent service providers can increase the frequency of flights to an existing destination or expand the number of domestic destinations served. New services can be added to international destinations. Each of these changes affects the region\u2019s connectivity to domestic and\/or international markets.\u00a0<\/p>\n\n\n

For airport management and regional economic development officials, it is increasingly important for airports to retain and enhance their current levels of service and to improve that service as a means of preserving and increasing regional economic activity.\u00a0A better understanding of the linkage between air service and regional economic activity is a fundamental building block.<\/p>\n\n\n

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How Has Air Service Changed Over Time?<\/a><\/p>\n\n\n

How Has Regional Economic Activity Changed Over Time?<\/a><\/p>\n\n\n

The Role of Aviation in Supporting Local Economic Activity<\/a><\/p>\n\n\n

Aviation-Reliant Industry Sectors<\/a><\/p>\n\n\n

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Understanding Air Service and Regional Economic Activity An airport\u2019s economic impact is traditionally a measurement of the extent to which the facility contributes to an area\u2019s employment. It is based on employment at the airport and in supplier industries.  Airport economic impact studies also usually include the effects of spending by travelers who fly into … Continue reading “Understanding Air Service and Regional Economic Activity”<\/span><\/a><\/p>\n","protected":false},"author":95,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-689","page","type-page","status-publish","hentry"],"acf":[],"yoast_head":"\nUnderstanding Air Service and Regional Economic Activity - Air Service Development and Regional Economic Activity<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/crp.trb.org\/acrpwebresource12\/understanding-air-service-and-regional-economic-activity\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Understanding Air Service and Regional Economic Activity - Air Service Development and Regional Economic Activity\" \/>\n<meta property=\"og:description\" content=\"Understanding Air Service and Regional Economic Activity An airport\u2019s economic impact is traditionally a measurement of the extent to which the facility contributes to an area\u2019s employment. 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