Friday, December 30, 2011

Study Finds Plymouth Airport is Critical to the South Shore Economy. Plymouth Municipal Airport (KPYM), Massachusetts.

A statewide study of the economic impact of Massachusetts airports finds smaller airports, such as Plymouth, help generate $11 billion and 124,000 jobs.

Plymouth Municipal Airport will expand one of its runways in order to mitigate both the safety concerns of pilots and noise concerns of neighbors. Credit Patch

Plymouth Airport generates $48.5 million and more than 300 jobs for the local economy according to a study completed by the Massachusetts Department of Transportation.

The comprehensive statewide airport economic impact study finds that the 39 Massachusetts public airports generate $11.9 billion in economic activity and support approximately 124,000 jobs. Regionally, the airports in Norwood, Plymouth, Marshfield, Mansfield, and Taunton generate a combined $119.1 million for the regional economy, supporting 827 jobs.

“The Commonwealth’s airports create jobs, economic development and transportation options,” Gov. Deval Patrick said in a press release. “A strong regional economy depends on our investments in infrastructure, including the airport facilities in these five communities.”

According to the study, Plymouth Airport employs 301 workers, maintains a total payroll of $12,046,000, and generates $48,514,000 in revenue.

The study considers the annual economic impacts accrued in 2010 associated with airport business operations, on-airport construction, military aviation, visitors who arrive via commercial airlines, and visitors who arrive on privately-owned general aviation aircraft. These impacts are reported for each airport in terms of employment, payroll, and total economic activity.

“These South Shore airports are critical to the regional economy, creating jobs directly while making many more jobs possible in the private sector,” MassDOT Secretary and CEO Richard A. Davey said.

“The economic impact study confirms what the aviation community statewide understands about the vital role our airports play in providing safe transportation for commerce, military, and recreational users,” Christopher Willenborg, MassDOT Aeronautics Division administrator, said.

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