MNAA airports are economic engines for the Greater Nashville economy. In February, 2007, the MNAA initiated an Airport Economic Impact Study to quantify the economic benefits that stem from both Nashville International Airport and John C. Tune Airport. This study followed a proven, FAA-supported methodology that accounts for impacts from on-airport business partners such as airlines and concessionaires, government agencies and construction activity, as well as the impacts from visitors arriving on aircraft. In addition, these first-round economic benefits are re-circulated in the regional economy, creating successive waves of employment, payroll, and output. For example, an airline employee spends his or her salary for goods and services in Middle Tennessee, thereby benefiting local businesses and creating additional local employment. When all these economic impacts are summed, the significant value of MNAA airports becomes crystal clear.
Economic Benefit Measures
Benefits related to airport activities and visitors are estimated using three measures:
- Employment - The total number of jobs
- Payroll - Total annual wages and benefits paid
- Output - The annual value of all goods and services in the region linked to the airports
Overall Study Results
In CY2006, the combined economic impact of the MNAA's two airports is as follows:
- Total Employment - 39,700
- Total Payroll - $1.18+ billion
- Total Economic Activity - $3.74+ billion
Study Reports (Adobe PDF files)
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