Posted on Thursday, August 17, 2017
TOLEDO, Ohio, August 17, 2017 – Toledo Express Airport’s (TOL) new twice daily nonstop service to Charlotte Douglas International Airport (CLT) on American Airlines will provide an economic impact of $15.4 million annually on the local economy according to a recent study conducted by the Center for Regional Development at Bowling Green State University.
“This study demonstrates the huge economic impact air service has on the local economy,” said Paul Toth, President and Chief Executive Officer of the Toledo-Lucas County Port Authority. “Community support of the new Charlotte route is imperative so American Airlines and other air carriers see the potential the Toledo and Northwest Ohio markets offer, and in turn, Toledo Express Airport will continue to be an ever increasing economic driver for the region.”
The economic impact study examined two types of direct impacts – On Airport Impacts (administration, maintenance, operation; aviation-related tenants/businesses; and investment for capital improvements) and Off Airport Impacts (visitor spending). Within these areas, the study considered employment, payroll and economic output (money spent on airlines, ground handling services, food vendors, operations staff, etc.), as well as multiplier effects that include equipment and goods and services that are purchased in the local market as a result of these dollars.
Beginning on August 22, 2017, American Airlines will offer two flights per day to Charlotte on 50-seat regional jets with departures from TOL at 7:00 a.m. and 1:26 p.m., and arrivals to TOL at 1:01 p.m. and 11:43 p.m. This new air service is anticipated to increase total passenger traffic at the airport by as much as 30 percent.
About Toledo Express Airport
Toledo Express Airport, your local choice for fast, easy and convenient air travel, provides an easy alternative to larger, less convenient airports. Parking is available within 50 feet of the terminal and daily parking rates at Toledo Express are just $8 per day compared with more than $20 a day at other airports. Toledo Express offers nonstop service to Orlando Sanford, Ft. Myers/Punta Gorda and St. Pete-Clearwater, Florida via Allegiant; and nonstop service to Chicago, Illinois and Charlotte, North Carolina, as well as one-stop service to nearly 200 world-wide destinations when connecting through Chicago or Charlotte via American Airlines.
For additional information, please refer to www.toledoexpress.com, or connect with Toledo Express Airport on Facebook, Twitter, Instagram and Pinterest to stay up-to-date on the airport and the air carriers that serve the Northwest Ohio region.
The mission of the Toledo-Lucas County Port Authority is to develop expertise and assets that drive and grow the region’s transportation and logistics infrastructure and its economic prosperity for all.
www.toledoport.org – 419.243.8251