Posted on: 16 August 2018 by Kimberley Young
The Reno-Tahoe Airport Authority generates $3.1 billion per year for the northern Nevada economy, a study conducted by the University of Nevada and EKAY Economic Consultants has found.
The economic impact figures have increased $1.1 billion since the study was last conducted in 2012, with airport president and CEO Marily Mora commenting: “Our airports play a critical role in the economic viability of the region through dollars spent by travellers and an ever-growing business sector.”
The airport authority owns and operates both Reno-Tahoe International and Reno-Stead Airports and the economic activity generated by airport-related industries and visitors at both airports supports 24,700 jobs in 2017. Of these over 4,127 are direct jobs located at Reno-Tahoe International and Reno-Stead Airports.
“We are so pleased to unveil what we’ve known all along, that Reno-Tahoe International and Reno-Stead Airports help lift the economy of the entire region,” Mora added. “The airports’ benefits even extend to entities such as the Cities of Reno and Sparks, Washoe County and in particular the school district to the tune of $11 million per year.”
The study was produced by analysing data from both Reno-Tahoe International and Reno-Stead Airports, as well as the local Nevada economy.
Written by: Kimberley Young
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