Finding Your Place In Today’s Economy Mike Hainsey, A.A.E. Executive Director Golden Triangle...
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Transcript of Finding Your Place In Today’s Economy Mike Hainsey, A.A.E. Executive Director Golden Triangle...
Finding Your Finding Your Place In Today’s Place In Today’s
EconomyEconomy
Mike Hainsey, A.A.E.Mike Hainsey, A.A.E.Executive DirectorExecutive Director
Golden Triangle Regional Airport Golden Triangle Regional Airport (GTR)(GTR)
Columbus, MississippiColumbus, Mississippi
Economic Economic Development Development
at Small at Small Regional and Regional and GA AirportsGA Airports
**
Economic SurvivalEconomic Survival
THE MESSAGE THE MESSAGE Airports are Airports are
economic engineseconomic engines Communities need Communities need
a viable airport to a viable airport to growgrow
Smaller airports Smaller airports may need non-may need non-traditional means to traditional means to survivesurvive
**
Southwest sticks with plan to cut Southwest sticks with plan to cut
capacity by 4% in 2009capacity by 4% in 2009
USA Today
The Landscape Has The Landscape Has ChangedChanged
Airlines cut Airlines cut serviceservice
Fuel pricesFuel prices Air travel Air travel
drops drops double-double-digitsdigits
The result: The result: Airport Airport revenues go revenues go downdown
Fewer flights, higher fares
Fewer flights, higher faresAs the cost of jet fuel rises, 6 leading
As the cost of jet fuel rises, 6 leading airlines cut capacity. airlines cut capacity.
American Airlines' parent AMR to cut 6,500 or
more jobs Delta Cuts Flights Delta Cuts Flights
20%--cuts workforce 20%--cuts workforce by 75Kby 75K
2009 Passenger 2009 Passenger BoardingsBoardingsJacksonJackson
-12.4%-12.4%GulfportGulfport-34.9%-34.9%TupeloTupelo-33.8%-33.8%GreenvilleGreenville -38.9%-38.9%
Taking A Success Story & Taking A Success Story & Building On ItBuilding On It
Golden Golden Triangle Triangle Regional Regional AirportAirport
Year: 1999Year: 1999
Jobs: 57 totalJobs: 57 total
**
American American Eurocopter (EADS Eurocopter (EADS NA) NA)
Makes Makes helicopter for helicopter for civilian and civilian and military usemilitary use 400 jobs @ 400 jobs @ $55K$55K 300,000 sq ft300,000 sq ft
Taking A Success Story & Taking A Success Story & Building On ItBuilding On It
Taking A Success Story & Taking A Success Story & Building On ItBuilding On It
Severstal Severstal Columbus Columbus Russian steel Russian steel “mini-mill”“mini-mill”
$1.6 billion $1.6 billion facilityfacility
650 direct 650 direct jobsjobs
Numerous Numerous spinoffsspinoffs
Rolled steel Rolled steel for commercial for commercial and auto useand auto use
Taking A Success Story & Taking A Success Story & Building On ItBuilding On It
Aurora Flight Aurora Flight Science Science
UAV UAV manufacturermanufacturer
80,000 sq ft 80,000 sq ft facilityfacility
300 high tech 300 high tech jobsjobs
PACCAR PACCAR Parent Parent company for company for Peterbilt and Peterbilt and Kenworth trucksKenworth trucks
Making Dutch Making Dutch diesel enginediesel engine
$500 million $500 million facilityfacility
850 high-850 high-paying jobspaying jobs
Taking A Success Story & Taking A Success Story & Building On ItBuilding On It
Stark Aerospace Stark Aerospace Subsidiary of Subsidiary of Israel Israel AerospaceAerospace
Makes UAVs Makes UAVs and other and other defense defense productsproducts
200 high-tech 200 high-tech jobs--$55K+jobs--$55K+
110,000 sq ft110,000 sq ft
Taking A Success Story & Taking A Success Story & Building On ItBuilding On It
Golden Triangle Golden Triangle Regional AirportRegional Airport
Year: 2009Year: 2009
Total New Jobs: 2750Total New Jobs: 2750
Economic Economic Investment: $3 Investment: $3 billion+billion+
Am. EurocopterAm. Eurocopter
Steel MillSteel Mill
AuroraAurora
Stark AerospaceStark Aerospace
PACCARPACCAR
Taking A Success Story & Taking A Success Story & Building On ItBuilding On It
Other FactorsOther Factors
Columbus AF BaseColumbus AF Base 12 Air Miles from 12 Air Miles from
GTRGTR Busiest AF Base in Busiest AF Base in
the worldthe world Airport businessAirport business
Control towerControl tower FuelFuel O & M costsO & M costs State-funded second State-funded second
ILS (BRAC initiative)ILS (BRAC initiative)
**
GTRA has become GTRA has become a hub for Economic a hub for Economic DevelopmentDevelopment Airports must take Airports must take
an active role in an active role in Community Community DevelopmentDevelopment
Part of a teamPart of a team Normally the only Normally the only
expert in aviation expert in aviation mattersmatters
The FutureThe Future
**
The FutureThe Future
Air ServiceAir Service Regional airports Regional airports
hit hardhit hard One major deal One major deal
does not mean does not mean new service!new service!
Economics of Economics of regional serviceregional service
International travel International travel a plusa plus
How To?How To?
Find your niche!Find your niche! Use team Use team
approachapproach Local leadersLocal leaders State agenciesState agencies Congressional Congressional
delegationdelegation Think regional!Think regional!
How To?How To?
Find your partnersFind your partners UniversitiesUniversities Convention/Visitor Convention/Visitor
BureauBureau Quality of LifeQuality of Life
Aviation agenciesAviation agencies FAAFAA State DOTState DOT State airports assnState airports assn
Airports are Airports are economic engineseconomic engines
Aviation sector is a Aviation sector is a challenge financiallychallenge financially Smaller airports hit Smaller airports hit
hardesthardest Airports must Airports must
diversify to survivediversify to survive Find your niche and Find your niche and
develop it!develop it!
SummarySummary
**
Am. EurocopterAm. Eurocopter
Steel MillSteel Mill
AuroraAurora
Stark AerospaceStark Aerospace
PACCARPACCAR