More News

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

By Staff Report, posted 2 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
fayetteville-state-university trung-v-tran-phd headshott

FSU Empowers Youth with STEM Skills Thanks to NASA Grant

Trung V. Tran, Ph.D. - Assistant Professor of Geospatial Science in the Department of Intelligence Studies, Geospatial Science, Political Science and History, Fayetteville State University
north-carolina-military-business-center diane-cherry headshott

Camp Lejeune and Electric Vehicle Infrastructure Deployment

Diane Cherry , North Carolina Military Business Center
cape-fear-valley-health michelle-keasling headshott

Hearts Stay Healthy through Cape Fear Valley’s Cardiac Rehab Program

Michelle Keasling - Service Line Director for Cardiac Services, Cape Fear Valley Health

In The Current Issue

Publisher's Note: What a magnificent month of March!

What an impactful month March is! We get to honor the women in our lives throughout the month of March, and more specifically on March 8 for International Women’s Day. We also get to celebrate the beginning of new life in spring which coincidentally


Finding learning solutions: Fayetteville learning expert Kathryn Cox shares her dedication to education serving as the new VP of learning solutions

It is a season of growth for Linchpin Solutions, Inc. as they welcome in their new Vice President of Learning Solutions, Kathryn Cox. Cox has been developing training and education programs for customers for over 30 years, building up her impressive


Optimal Bio for optimal health: Cary based optimal bio is continuing to grow and expand practice locations under the leadership of “She.E.O.” Tylar Brannon

Based in Cary, NC, Optimal Bio currently has four established locationsacross North Carolina, including one in Southern Pines, NC. PHOTOS TAKEN BY SARAH MORREL PHOTOGRAPHYTylar Brannon, the chief executive officer of Bioidentical Hormone Replacement