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A irport Vision, Projects & Economic Engine. 2019 Economic Forecast December 7 , 2018. Presented by Dawn RH Veatch, Manager SBY Regional Airport. Vision for the Future. The Next 5 years will bring ….. N ew Development and approximately 420 Jobs $37M in Business Revenue
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Airport Vision, Projects & Economic Engine 2019 Economic Forecast December 7, 2018 Presented by Dawn RH Veatch, Manager SBY Regional Airport
Vision for the Future • The Next 5 years will bring ….. • New Development and approximately 420 Jobs • $37M in Business Revenue • $22M in Personal Incomes and Revenues • The Business Opportunities on the Horizon • UAS/Drone Center for Innovation - 2019 • New Corporate Jet Center 2020 • New Cargo Ramp and FEMA Distribution 2021 • The City Water and Utilities are a key component • Water - summer 2019 • And we are exploring Natural Gas and Solar
Economic Impact from SBY Direct/Indirect Impacts 2014 2019 • Jobs- 1370 1620 • Business Revenue- $84M $78M • Personal Income &Revenue $65M $84M • State and Local Taxes $ 7M $15M • Local Purchasing - $25M $28M
Economic ImpactPiedmont Airlines SBY Regional Airport Largest Employer • Headquarters • Maintenance Base • High paying technical and skilled jobs • New Fleet 100% regional jet operation
Joint Use FEMA/Cargo Cargo & FEMA Facility Total Investment $15M Net Local Investment $1M FAA/MAA AIP Funding $8M PPP/FEMA $6M
Corporate Jet Center Corporate Jet Center Partner Investment $6M
UAS/Drone Center of Innovation UAS/Drones Drone Center Public-Partnership Investment $1M
2021 Economic Impact 2014 2021
Visual 7yr Data $43M $25M 68%
Airport Expansion & Improvement • Runway Extension Master Plan • Critical to SBY continued Development and Growth • Critical Aircraft at 8000’RWY- new length • B-757 loaded to west coast and Central America and Caribbean – non-stop • EMB 145LR- Piedmont w/out restrictions • Corporate Jets Long Haul
Infrastructure Development Terminal Improvements Increasing the Passenger Experience • New Passenger Lounge and Food & Beverage • New seating in the Lobby • New Iconic photos of our Community • Increased charging outlets • Refurbishing the Restrooms • Adjusting Parking Fee
Infrastructure Development Safety and Capacity Enhancements • New ARFF (Crash Fire Rescue ) Facility • UAS/Drone Center for Innovation • New Runway Extension to 8000’ • New Cargo Ramps & FEMA Area • Increasing awareness of our Opportunities
Infrastructure Development New Airport Crash Fire Rescue Building Open in Summer 2019 New ARFF w/ Restaurant and Observation Deck
Infrastructure Development Maybe not in 2021 2019 will Bring….
Infrastructure Development Opening Summer 2019
Joint Use FEMA/Cargo 2021
Infrastructure Development Challenges • Easton and Georgetown, OC, Manassas • Recapturing our lost business opportunities • Developers and Investors • New Box Hangars – Public Pvt Partnership • Most Airport Sponsors build community hangars New Strategies for Competition
Infrastructure Development Project Challenge “fiscal recovery”
The Future is First Class at SBY Regional Airport
Thank you- and Visit us website flySBYairport.com twitter @flySBYairport facebook salisburyregionalairport@flySBYairport