NORTH CENTRAL WEST VIRGINIA AIRPORT BOASTS OVER $1 BILLION IN TOTAL ECONOMIC IMPACT
Clarksburg, WV: Today, Benedum Airport Authority which owns and operates the North Central West Virginia Airport (CKB) released the results of the Economic Impact Study completed earlier this year. The study found the Airport generates a total annual economic impact of $1.05 billion dollars, creates over 3,400 jobs directly and indirectly, and brings nearly 3,000 annual visitors a year to the region.
The study quantified the economic benefits of the direct, indirect and induced regional economic impact and contribution of the Airport. The results of this study illustrate the vital importance of the Airport to the entire region and will be used to educate the public on the benefits of their local airport and provide a benchmark for future initiatives.
“This study stressed the significance of the Airport to the local economy,” said Airport Authority President Ron Watson. “It’s clear the airport is a major contributor and plays an important role in future growth of the region. We are incredibly happy to contribute to the regions prosperity. ”
The Airport is also credited for generating $23 million in state and local tax revenue as well as $42 million in federal tax revenues on an annual basis. Tourism also benefits from the Airport to the tune of an estimated $1.5 million dollars. That is how much visitors to the region contribute to the economy annually by utilizing lodging establishments, dining out and participating in recreational events.
About North Central West Virginia Airport: The North Central West Virginia Airport is a public airport located just east of Bridgeport, West Virginia, and also near Clarkston, West Virginia. The Airport is operated by the Benedum Airport Authority and is currently served by two commercial airlines, with one carrier subsidized by the Essential Air Service program. The Airport is a significant economic engine for the city and region with a 2014 local Economic output of over $1 Billion dollars. For more information on the airport visit www.flyckb.com.