Donald W. Reynolds National Center For Business Journalism

Two Minute Tips

Now taking off: new runways

October 22, 2014

Share this article:

Boeing 737, American Airlines, aa_DSC_0814_737 N906NN” from Bill Abbott on Flickr Creative Commons license

Runway construction is big business for the country’s airports, as both a driver of jobs and an economic impact.  Two cities recently opened new runways that both claim will be a benefit to travelers and the local community.

Fort Lauderdale-Hollywood International Airport in Florida recently opened the $719 million, 8,000-foot South Runway, built to help the facility with growing traffic. The airport is one of the fastest growing in the United States. Passenger traffic at the airport in August 2014 reached more than two million, up 5 percent from the previous year.

The new runway is part of a larger airport construction project that includes: $52 million and $39 million in design and construction costs to modernize Terminal 2 and Terminal 3, respectively; $295 million for a new Terminal 1 and Concourse A; and $31 million to design and build the North Runway.

Further north, Virginia’s Hampton Roads Executive Airport, a general aviation facility, opened a new $30 million, 5,350-foot runway in September that took 14 years of work to complete. The public-use, privately owned general aviation airport supports five flight schools, an aerial photography business, aviation maintenance and avionics, banner tow operations, aircraft brokerage, corporate and business aviation activities, recreational aviation, and the Blue Skies Grille restaurant.

The airport sits at the intersection of I-64, I-664, I-264 and Route 58 and is ranked number two in Virginia among the state’s non-towered airports in annual operations, and number three for economic drivers among all the state’s general aviation airports.

So, look at your local commercial and general aviation airports for story ideas on their economic impact on the community.

RESOURCES

Aircraft Owners and Pilots Association’s airports team

American Association of Airport Executives

National Business Aviation Association’s airports team

Skanska USA (airport construction)

Benét J. Wilson is co-editor of AirwaysNews.com and blogs at AviationQueen.com. She has been an aviation/travel journalists for more than 20 years. Follow her on Twitter @AvQueenBenet

More Like This...

Covering airlines after COVID-19

The airline industry creates 11.3 million direct jobs and contributes $961.3 billion to the global GDP. The industry as a whole is a big economic driver for countries all around

EVs: The business of the electric revolution

Pollution is increasingly seen as a major downside to traditional automobiles. According to the United States Environmental Protection Agency (EPA), a typical passenger vehicle emits around 4.6 metric tons of

Get Two Minute Tips For Business Journalism Delivered To Your Email Every Tuesday

Two Minute Tips

Every Tuesday we send out a quick-read email with tips for business journalism. Sign up now and get one Tuesday.