Airport Summarizes Year-End Accomplishments
Punta Gorda, FL (December 19, 2022) – Florida Department of Transportation’s (FDOT) new Statewide Aviation Economic Impact Study values Punta Gorda Airport’s (PGD) total economic impact (output) at $1.7 billion, up from $1.275 billion in its 2019 report.
While there are about 1,500 jobs directly on-airport, the FDOT profile attributes more than 11,000 jobs to PGD when including the visitor spending component, supplier sales and other jobs that result directly and indirectly (multiplier effect) from the airport’s success. The FDOT also attributes a $541 million payroll to PGD, which reflects the total compensation for work, including gross wages, salaries, employer-provided benefits and taxes paid to government on behalf of employees. The report can be found on FlyPGD.com under “Airport Operations” by clicking on “Passenger Stats & Economics.”
“Punta Gorda Airport is an economic success story that our entire community can take pride in,” said Charlotte County Airport Authority (CCAA) Board Chair Robert Hancik. “Not only do we have outstanding airline partners, we have a strong general aviation community, growing workforce education opportunities and lots of other business activity on site.”
In the past year, CCAA has experienced successes and milestones despite the setbacks brought on by Hurricane Ian. By year-end, total passenger traffic will surpass 1.8 million – topping 2019’s previous record of 1,644,916, thanks to growing service from Allegiant and Sun Country airlines.
Other milestones in 2022 include:
“A successful airport is in a continual state of improvement and expansion,” said PGD’s CEO James W. Parish. “We have a great staff that is working to keep operations running smoothly and customers happy while we ramp up for the next phase of capital improvement projects.”
Fairbanks International Airport Baggage Transport Conveyor Enhanced With Mod Drive™ System
Airports face a host of unique industry challenges, such as meeting efficiency regulations and seeking out the best maintenance practices to reduce costs and keep operations flowing. In today’s current economic climate, any potential cost savings can go a long way.
In 2019, Alaska’s Fairbanks International Airport (FAI) sought to modernize its equipment and operations. They were dissatisfied with the performance of the gearmotors on their baggage transport conveyors and began searching for new suppliers. Regal approached FAI with a solution that could improve equipment performance and simplify maintenance, with the added benefit of energy cost savings: the Hub City® MOD Drive™ system.
This white paper discusses the hardware deployed, the test results and the annualized expectations for ROI.