Feb. 18, 2020
Scottsdale Airport (SDL) is an important economic asset for the city of Scottsdale, AZ and the entire region. The airport is home to 463 based aircraft, including more than 168 business jets, supporting companies and economic development in the Scottsdale Airpark and throughout the Greater Phoenix metropolitan area.
According to the report, the following are among the facility’s economic benefits:
- Aviation activity at the airport and in the airpark created $688 million in total economic benefits for the region in FY 2019
- Aviation activity supported 3,979 total jobs with incomes of $241 million
- Aviation activity added $37 million to local and state tax revenues
- Economic benefits of $1.9 million are created daily
The total economic benefits of Scottsdale Airport consist of direct benefits plus multiplier or secondary benefits. Direct benefits represent the output, employment and income related to aviation activity. Multiplier benefits are created as initial direct spending recycles in the regional economy, according to the report, which was prepared by researchers at Arizona State university.
An analysis completed in 2014 found Scottsdale Airport/Airpark had total economic benefits of $536.4 million of output, total employment of 3,462 workers and income of $186.2 million. Between 2014 and 2019, total output increased by 28.2% (to $688.7 million), employment rose by 14.9% (to 3,979 jobs) and income grew by 29.7% (to 241.5 million), the report stated.
“Scottsdale Airport’s growth and spirit exemplifies what a successful business aviation airfield can be,” said NBAA Western Region Representative Phil Derner. “They’ve created an environment that lets our industry, and the businesses that utilize it, thrive without limit.”