Denver International Airport with its iconic fabric roof
A recent study showed that Denver International Airport, a proud investor in the South Metro Denver Chamber community, has grown to become a $26.3 billion economic engine for the state of Colorado and a critical link for businesses and travelers.
The 2013 Economic Impact Study for Colorado Airports, which was released by the Colorado Department of Transportation, shows that DIA’s role in supporting the state’s economy has increased almost 18 percent, from $22.3 billion per year in 2008 to $26.3 billion per year in 2013.
“As DIA approaches 20 years of operation in 2015, it continues to fill a vital economic role in Colorado’s economy,” chamber President & CEO John Brackney said. “The chamber has been an active partner in DIA’s mission and we have personally met with leaders of industry in our state to encourage them to utilize the airport and the airlines there to their fullest potential.”
Among the other findings in the study:
• DIA supports the equivalent of 188,338 full-time jobs and a payroll totaling $8.6 billion
• The airport accounts for 66 percent of the estimated $18.2 billion statewide economic impact from airport management, tenants and capital investment
• Colorado manufacturers rely on air-cargo services at DIA, which accounts for an annual economic impact of $5.4 billion
• DIA-supported activities contribute more than $1.1 billion in local, state and federal taxes
• 15 percent of Colorado’s total employment is in some way supported by aviation
• DIA is a critical link for the state’s tourism industry, with the vast majority of visitors who arrive in Colorado via commercial aircraft traveling through the airport
“DIA is well positioned to capitalize on this growth and remain a critical link to the world for businesses in the Rocky Mountain region,” said Kim Day, Denver’s manager of aviation. “The Federal Aviation Administration forecasts that air travel on U.S. airlines will nearly double to 1.2 billion passengers by 2032. The airport is already seeing double-digit increases in international passenger traffic, and we are working to expand the number of gates to accommodate growing air service. At the same time, we are bringing our customers a better mix of shopping and dining choices, and working to improve the overall travel experience.”
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