CONCORD—Concord-Padgett Regional Airport's contributions to North Carolina's economy is approaching $1 billion dollars, according to a recently released state report.
In a report released this week, Concord-Padgett Regional Airport (JQF/USA) is listed as one of 10 commercial service airports in North Carolina, and airline partner Allegiant Air served nearly a quarter-million passengers in Concord going to six destinations.
"The N.C. Department of Transportation's network of 72 publicly owned airports, and the aviation and aerospace assets that rely on them, help move North Carolina's economy forward by creating jobs, supporting business growth and connecting people and companies to markets around the globe,” according to the report, North Carolina: The State of Aviation. “North Carolina’s public airports annually contribute $52 billion to the state’s economy, supporting 307,000 jobs that generate $12.6 billion in personal income and $2.2 billion in state and local tax revenues."
The report analyzed data from 2017, and Concord's contribution included $821 million in economic output, more than 4,500 jobs, more than $191 million in personal income and more than $30 million in state and local taxes.
"We are pleased that Concord-Padgett Regional Airport continues to grow in economic impact," Concord Aviation Director Dirk Vanderleest said. "Our team members are proud to provide opportunities in the general aviation/corporate aviation industry, along with relatively recent development of additional commercial airline service to the region."
Concord-Padgett Regional Airport opened in 1994 with a general aviation terminal and a 5,500-foot runway and has grown to be one of the busiest airports in the Carolinas. Over the last 25 years, improvements included extending the runway to 7,400 feet and multiple strengthening projects, development of private sector investment in and around the airport, and construction of a commercial service terminal and parking deck.
Many airport operations are related to the motorsports industry as most NASCAR-related teams are located in the Charlotte region, several with facilities adjacent to or near the airport. The airport’s strong general aviation focus has been enhanced by the availability of Allegiant Air’s low-cost scheduled passenger service to six destinations.
More than 40 City of Concord Aviation Department coworkers operate the airport and provide aircraft fueling, hangaring, tie-down, parking and customer services. Other aeronautical services such as aircraft rental, aircraft maintenance and flight instruction are offered through private operators leasing space on-site.
CRA also has an on-site, staffed fire station operated by the Concord Fire Department and a control tower operated by contracted staff. The annual budget for the airport currently exceeds $10.8 million.