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Tucson airport claims $3.2 billion impact

Posted Apr 27, 2012

Dylan Smith
TucsonSentinel.com

mollyeh11/Flickr

Tucson International Airport has an annual economic impact of more than $3.2 billion, according to a new study commissioned by the Tucson Airport Authority.

The direct impact of the airport is $1.7 billion each year, said TAA spokeswoman Katy Smith in a Friday press release.

That figure includes TIA payroll, goods and services purchased by the airport and airport businesses, expenditures on capital improvement projects and payment of local taxes from airport activity, Smith said.

The remainder is credited to indirect expenditures and the multiplier effect of TIA's direct impact, she said.

The study was conducted by MBA students at the Eller College of Management at the University of Arizona.

"We take great pride in helping to improve the economic vitality and quality of life in southern Arizona," said Bonnie Allin, president of the Airport Authority, which operates TIA.

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news, business, trans/growth, local, arizona, breaking,

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