Louisville’s airports continue to drive business and fuel the regional economy, according to a recent economic and fiscal impact survey.
Louisville Muhammad Ali International Airport (SDF) and Bowman Field Airport (LOU) were part of a study conducted by Meench & Shanker, LLC to assess the sum of business activities directly related to operations at both airports and the spending of visitors for calendar year 2018 to determine the total contribution of all aviation-related economic activity. Louisville Regional Airport Authority operates and manages both airports.
The study showed that both airports contributed nearly $10.4 billion in total economic impact and $454.1 million in state and local taxes. Airport operations are responsible for 82,723 direct and indirect jobs, making the airports one of the largest private employment centers in Kentucky and the region. Capital improvement projects at the airports also greatly impact the local and state economies.
Key business partners like UPS, which calls Louisville Muhammad Ali International Airport home for its Worldport package handling facility, directly impact the success of the airports. SDF is an essential transportation hub with the fourth busiest air cargo operation in the world and second-largest in North America.