McKinney National Airport has made an economic impact of more than US$212m annually to the City of McKinney and surrounding region, according to the 2018 Texas Aviation Economic Impact Study released by the Texas Department of Transportation (TxDOT).
The announced total represents a 382% increase from the previous economic impact study published in 2011, when it was determined the airport had an economic impact of US$44m annually.
Ken Carley, director of McKinney National Airport, said, “Our airport is greatly benefitting from the huge increase in businesses relocating to the Collin County region. Corporate fleets are discovering how easy and convenient it is to use our airport and travelers appreciate our close proximity to the major highways connecting the Metroplex.”
City Council recently approved the airport’s masterplan study that provides an environmentally conscious development plan to sustain healthy growth and service at the airport during the next 20 years.
The update was prepared with state and federal agencies, local officials, neighboring communities, adjacent landowners and airport users. The city also partnered with TxDOT and Coffman Associates to conduct the study.
A series of public hearings were also part of the masterplan process to allow the community to provide input on the direction of the airport.