The Tennessee Department of Transportation has completed a year-long Statewide Aviation Economic Impact Study, finding Tennessee’s public-use airports contribute $40 billion to the state’s economy and support 220,936 jobs in Tennessee.

The study analyzed the economic impacts at the Crossville Memorial Airport and found the airport contributes ($6,000,000) to the state’s economy. The study analyzed the economic impacts of on-airport activities, off-airport activities, multiplier impacts, and freight/cargo. Examples of on-airport activities include economic impacts from business tenants, airport construction spending, and airport employment. Off-airport impacts include visitor spending.

Visitor spending at Crossville Memorial Airport generated ($823,000) in revenue to the state in 2019. Analysis found that on-airport impacts generated (43) jobs, ($2,262,000) in payroll, and ($3,100,000) in business revenue.

This Economic Impact Study represents the 2019 annual economic impact of the aviation system on the state’s economy. Therefore, the study is a good representation of the annual economic impact of the aviation system during a non-pandemic world.

According to Crossville City Manager Greg Wood, the airport plays an important role in the entire county’s economic development package. “It allows the basing of corporate aircraft a key to busy executives making the most of their valuable time and resources,” said Wood.

“It also allows prospective businesses to come and go without having to land elsewhere and travel to the area. It also serves the needs for private owners and helps bring new residents to the area. The Crossville Memorial Airport is truly the Gateway to the Upper Cumberland. The Crossville Memorial Airport is an asset to our community and Tennessee’s $40 billion aviation industry. Airports serve as a catalyst for people to conduct business, serve clients, and ship cargo. Having a well maintained and diverse aviation system supports a robust economy.”

View the Executive Summary, including the breakdown of each Tennessee airport at:

https://www.tn.gov/content/dam/tn/tdot/aeronautics/TASP-Economic%20Impact%20Brochure.pdf.