Willard Airport (CMI) recently released the results of this economic impact study, which was made possible through the support of a variety of community partnerships. The study was conducted in 2019, and its findings showcase that the economic impact of Willard Airport to our community is $99.75M annually, which is impressive. There is a ton of tangible value to having CMI as a resource in our community, so be sure to check out the results of the report linked below to see more.
ECONOMIC IMPACT STUDY
In 2019, Volaire Aviation Consulting developed a comprehensive Airport Economic Activity and Impact Study of the University of Illinois-Willard Airport. The study estimates the economic impact of all measurable and airport dependent economic activity at the airport. Key areas of economic activity measured were:
- existing air service;
- visitors brought to the county by airlines and general aviation;
- all non-airline airport dependent activity such as aviation education, the Fixed Base Operator (FBO), and Maintenance, Repair, and Overhaul (MRO) operations;
- all airport and air service support functions including airport administration, Federal Aviation Administration (FAA), and the Transportation Security Administration (TSA).
Willard is a significant economic engine for Champaign County and the surrounding region. Read the entire report here.
The report was sponsored by Champaign County Economic Development Corporation, University of Illinois-Willard Airport, Visit Champaign County, City of Champaign, Parkland College, Frasca International, University of Illinois Research Park, Flightstar, and the Champaign County Association of REALTORS®
Image from Willard Airport's website.
Top image from Willard Airport's website.