Orange County Airport
Provides Economic Benefits to the Area
The term economic impact is used to describe the economic contribution of an industry or activity to state and regional economies. These economic contributions are measured in jobs, wages and business sales or economic activity. According to a report published by the Virginia Department of Aviation in 2004, Virginia airports generate a total of approximately $10.8 billion in economic activity and are responsible for over 164,000 jobs with almost $5 billion in wages.
There are 66 airports in Virginia and they fit into five separate categories. There are 9 Commercial Service Airports, such as Dulles Airport. Virginia has 8 Reliever Airports, which help relieve the congestion at the large commercial service airports. There are 16 General Aviation Community Airports that serve a small market area or their respective communities. There are 16 Local Service Airports that provide limited services and have development constraints that hinder further expansion.
Virginia’s General Aviation Airports provide a multitude of aviation facilities that serve both the recreational users and the business traveler across the State of Virginia. The report states that General Aviation Airports generate economic impacts of more than $287 million and nearly 5,000 jobs with total wages of nearly $111 million according to this report. Orange County Airport contributed to 23 jobs, $390,000 in wages and 1.6 Million in economic activity.
Airports benefit all Virginians through: recreation and tourism; just-in-time shipping; corporate travel; agriculture; public safety; search and rescue; air medical transport; commercial transport; and weather reporting.
Have you visited your local airport lately? Come and check us out, see what we can do for you. For more information call us at (540) 672-2158.