NCDOT Report Reveals CLT Contributes $23 Billion to State's Annual Economy

January 7th, 2019 – Charlotte Douglas International Airport leads the state as the top economic engine among NC airports, according to a report released earlier today by the North Carolina Department of Transportation (NCDOT) Division of Aviation.

The report, North Carolina: The State of Aviation, shows CLT contributes $23 billion in annual economic output, $1.1 billion in state/local taxes, 132,330 jobs for N.C. residents and $5.7 billion in personal income.

"We value our position in Charlotte and the state as a vital asset to the economy," said Aviation Director/CEO Brent Cagle. "The Airport remains committed to providing a first-class facility that allows businesses to thrive and passengers to travel around the world."

Overall North Carolina's 10 commercial service and 62 general aviation airports generate more than $52 billion in economic output, approximately 307,000 jobs, $12.6 billion in personal income and $2.2 billion in state and local tax revenues to the state's economy.

These numbers reveal CLT makes up 44 percent of the state's economic output, 53 percent of state/local taxes, 43 percent of jobs and 46 percent of personal income related to North Carolina airports.

Data for the NCDOT report was compiled and analyzed by N.C. State University's Institute for Transportation Research and Education using 2017 figures from airports and the latest information on the state's aviation assets available from public and private sources.

Charlotte Douglas is the second largest hub for American Airlines, the world's largest airline. In 2017, CLT welcomed nearly 46 million passengers. Numbers for 2018 are expected in March. Nationwide CLT ranks sixth in operations and tenth in passenger traffic.

Please view the charts below and click here to read the full report.

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Economic Impacts of N.C. Airports ​ ​ ​ ​

Annual Airport ImpactsJobsPersonal IncomeState and Local TaxesEconomic Output
Commercial Service Airports281,945$11,306,100,000 $1,989,600,000 $47,428,600,000
General Aviation Airports25,040$1,288,100,000 $176,738,000 $4,956,030,000
Total Airport Impacts306,985$12,594,200,000 $2,166,338,000 $52,384,630,000
Source: North Carolina: The State of Aviation - N.C. Department of Transportation's Division of Aviation ​ ​ ​ ​

 

N.C. Commercial Service Airport Impacts ​ ​ ​ ​ ​

AirportsCity/TownJobsPersonal IncomeState and Local TaxesEconomic Output
Albert J. Ellis (OAJ)Jacksonville2,785$95,800,000 $15,300,000 $474,200,000
Asheville Regional (AVL)Asheville8,915$316,800,000 $48,400,000 $1,482,900,000
Charlotte Douglas International (CLT)Charlotte132,330$5,744,500,000 $1,139,700,000 $23,029,200,000
Coastal Carolina Regional (EWN)New Bern2,125$72,000,000 $12,000,000 $362,700,000
Fayetteville Regional/Grannis Field (FAY)Fayetteville4,410$164,800,000 $27,100,000 $784,200,000
Concord Regional (JQF)Concord4,505$191,100,000 $30,300,000 $821,400,000
Piedmont Triad International (GSO)Greensboro25,500$1,237,600,000 $190,300,000 $5,861,500,000
Pitt-Greenville (PGV)Greenville1,650$59,600,000 $8,800,000 $280,700,000
Raleigh-Durham International (RDU)Raleigh/Durham86,765$2,968,200,000 $450,900,000 $12,579,800,000
Wilmington International (ILM)Wilmington12,960$455,700,000 $66,800,000 $1,752,000,000
Commercial Service Airports Total 281,945$11,306,100,000 $1,989,600,000 $47,428,600,000
Source: North Carolina: The State of Aviation - N.C. Department of Transportation's Division of Aviation ​ ​ ​ ​ ​