Regional Economic Impact of Philadelphia International Airport

Regional Economic Impact of Philadelphia International Airport

Cover title

Economic Impact of PHL

Philadelphia International Airport* is a vital economic engine for the region, generating billions of dollars annually and supporting more than 96,000 jobs for the 11-county Philadelphia metropolitan statistical area (MSA).

  • $15.4 BILLION total economic
    impact
  • 96,300 JOBS with average
    earnings > $50,000
  • $4.8 BILLION in total
    earnings

The economic benefits enabled by PHL include direct on-site activity and activity that radiates outward to the entire Greater Philadelphia region:

AVIATION OPERATIONS

Includes capital investments, Division of Aviation Operations and airline operations.

  • $6.9B total economic impact
  • 25,900 total jobs
  • $1.6B total earnings

AIRPORT-RELATED OPERATIONS

Includes in-terminal shops and services, parking, ground transportation, cargo freight and mail.

  • $5.0B total economic impact
  • 37,300 total jobs
  • $2.0B total earnings

REGIONAL BUSINESS AND RESIDENTS

Includes regional businesses and residents in proximity to PHL and non-stop flight service.

  • $3.5B total economic impact
  • 33,100 total jobs
  • $1.2B total earnings

* Impacts attributed to “the airport” are understood to encompass collective impacts attributable to both PHL and PNE. For simplicity and clarity, the report title and content typically refer to this collective impact as that of "Philadelphia International Airport" rather than airports operated by the Division of Aviation.

Total earnings is comprised of wages and benefits

Impact by State and County

While the bulk of direct economic activity associated with PHL occurs in Philadelphia and Delaware counties, significant secondary effects ripple throughout the region.

  • PENNSYLVANIA
  • $13.6B total economic impact
  • 82,900 total jobs
  • $4.3B total earnings
  • NEW JERSEY
  • $1.2B total economic impact
  • 8,700 total jobs
  • $340M total earnings
  • DELAWARE
  • $580M total economic impact
  • 4,100 total jobs
  • $170M total earnings
  • MARYLAND
  • $80M total economic impact
  • 600 total jobs
  • $20M total earnings
County Total Output ($M) Total Employemnt (jobs)
Pennsylvania
Bucks County $590 4,500
Chester County $560 3,900
Delaware County $3,660 23,800
Montgomery County $1,100 7,800
Philadelphia County $7,720 42,900
New Yersey
Burlington County $460 3,300
Camden County $450 3,400
Gloucester County $220 1,700
Salem County $40 300
Delaware
New Castle County $580 4,100
Maryland
Cecil County $80 600
map

PHL supports a significant volume of economic output, employment and earnings in each of the 11 counties and four states comprising the Philadelphia MSA.

APPROXIMATELY HALF OF TOTAL OUTPUT AND EMPLOYMENT TAKES PLACE IN THE CITY OF PHILADELPHIA

Impact on Employment

Throughout the region, 96,300 jobs-spanning a broad set of industries are directly and indirectly attributable to PHL. In addition, the average total earnings are greater than $50,000.

$330MANNUAL AVIATION DIVISION OPERATIONS IN FY 2015

CAPITAL PROJECTS

Airport Scene
  • $370M recently completed projects and land acquisition
  • $540M projects currently underway
  • $2.5B+ total approved funding for recent, current and future projects

As of May 2017.

Impact on Equality

PHL and its partners work to ensure that the dollars brought into the region benefit local residents, employees of color and firms of all types, including disadvantaged business enterprises (DBE).

Badged Employees

Vendors and Suppliers

90% of vendors and suppliers are located within the region

  • of all contracted operating dollars are spent with DBE firms
  • of committed dollars for active capital projects are slated for DBE firms
  • of dollars spent to date on active capital projects have been spent with DBE firms

Impact on State and Local Revenue

PHL generates significant tax revenue for the City of Philadelphia, as well as the states of Pennsylvania, New Jersey, Delaware and Maryland.

Philadelphia Pennsylvania New Jersey Delaware Maryland STATE TOTAL
$78M $255M $25M $13M $2M $295M

$THE AIRPORT IS SELF-SUSTAINING AND USES NO LOCAL TAX DOLLARS.

Economic Growth

The airport brings in dollars from outside the areas to be circulated locally, making PHL both a crucial cog in the region’s economy and a catalyst for growth throughout the region.

  • TOURISM ACTIVITY

    PHL brings visitors from around the country and the world into the region, where they spend dollars and support employment in local hotels, restaurants, shops and cultural attractions.

  • TRADE ACTIVITY

    PHL enables logistics and interpersonal connections, allowing local businesses to grow their sales nationally and internationally.

  • CAPITAL INVESTMENTS

    PHL’s facilities are predominantly funded by airlines that choose to do business out of PHL.

PHL’s nonstop connections to more than 120 destinations worldwide are critical to regional economic growth. They enhance:

  • Access to new markets and operating locations
  • Productivity and efficiency through ease of accessibility and proximity of PHL to area businesses
  • Overall attractiveness and quality of life
  • Opportunities for the movement of goods and services

Impact on Quality of Life

Transportation infrastructure is an important component of what makes a region an appealing place to live, work and play. Relative to using alternative airports, PHL’s central location yields a travel savings for most area residents.

  • 200M Miles Saved Annual Travel Distance Savings
  • 3M Hours Saved Annual Travel Time Savings
  • $113M Saved Annual Travel Distance Savings

Passenger Impact

PHL is focused on both capacity enhancements and on improvements to the customer experience. Ultimately, it is all about the passengers. And it is those passengers, their travel decisions and their needs that generate the bulk of regional economic impact.

  • 82,000+ CUSTOMERS A DAY
  • 30 MILLION+ PASSENGERS ANNUALLY

Improving the Customer Experience

PHL’s recently completed and current construction projects include a complete interior redesign of Terminal B and numerous facility upgrades, including:

Customer Experience
  • New baggage claim in Terminal F
  • Restroom upgrades
  • Air temperature control systems
  • iPad food and retail ordering from gate areas

These capital investments in both the physical space and overall customer experience create up-front stimulus and improve the value proposition that PHL delivers to the region and its residents over the long-term.