More News

Report: Fayetteville airport brings in $790 million to local economy

By Staff Report, posted 3 years ago
Emily Moussa and Brandon Barrentine from Cleveland, Ohio, at left, arrive for a visit in Fayetteville in June. (David Kennard/Greater Fayetteville Business Journal)

 

 

According to a recently released report from the North Carolina Department of Transportation’s Division of Aviation, Fayetteville Regional Airport plays a significant role in the local economy.

Results from the Jan. 21 report released Monday show that FAY supports 4,575 jobs, contributes $28 million to state and local taxes and provides $790 million in economic impact.

“Fayetteville Regional Airport is constantly working to bring an even better airport experience to the local community and traveling public,” said Toney Coleman, airport director.

Release bi-annualy, the report shows how the state’s public airport and related aviation and aerospace assets contribute to the economy — locally and statewide.

The report paints a very different picture than a January 2019 City Council report by Mayor Mitch Colvin, who then described the airport as “underperforming.”

Since then, the airport has undertaken a major remodeling project that will change nearly every square foot of the city-owned facility.

Now, more than two years after beginning the project, the end is in sight.

“FAY continues to be one of the fastest-recovering North Carolina commercial-service airports since March 2020,” according to a statement released to the Business Journal in June.

The most recent economic impact report from NCDOT was “created to help guide future investment in aviation infrastructure and to act as a tool for recruiting future aviation and aerospace industry,” today’s statement read.

On schedule to complete reconstruction in early 2022, Fayetteville Regional will see a new terminal front, new airline ticket counters, and baggage and TSA areas.

In January 2020, passengers saw the completion of Phase One of the project, which included  terminal renovations, a new concourse, two new jet bridges, rotunda and restaurant area.

In June the airport’s marketing specialist, Allison Rogers, said officials understand the airport serves a specific role in the state’s overall air-transportation infrastructure and they want it to excel at that role.

 

David Kennard and Stott Nunn from the Greater Fayetteville Business Journal contributed to this story. 

Ico insights

INSIGHTS

SPONSORS' CONTENT

In The Current Issue

100 years young: The Prince Charles Hotel sees new life with incoming businesses and ongoing renovations

Fayetteville City Councilwoman Brenda McNair, building Owner Rory Dowling, the real estate team over leasing and community manager for the Residences at the Prince Charles Sherry Wcislak cut the ribbon for the community. Photo by GFBJNew life can be


Finding solutions: SOFtact Solutions carries a passion for problem-solving in support of today's warfighters and other government entities

Since starting her company in 2017, MA has grown her company to include over 80 employees and contractors, handling work in Communication, Computers,Cyber, Intelligence, Surveillance and Reconnaissance Center (C5ISR) suite.SOFtact Solutions (STS) CEO


Food for a cause: 18th Annual Bread 'N Bowls event highlights upcoming programs and developments for area nonprofit

Current Executive Director of Inasmuch Pastor Craig Morrison (left) continues to work with Founder and previous Executive Director Sue Byrd (right) who continues to volunteer with the organization. Photo by GFBJ.For the last 18 years, Fayetteville Ar