The value of Halifax Stanfield International Airport as a Nova Scotia asset increased by about $11 million to a total of $1.26 billion in 2011, says the facility’s operator.
An economic impact report released Tuesday by Halifax International Airport Authority said the airport and its partners had tremendous impact last year on Halifax and the province as an economic generator and growth creator.
“Even in the face of global economic challenges, Halifax Stanfield continues to play an important role as an employer and contributor to the Nova Scotia economy,” Tom Ruth, authority president and chief executive officer, said in a news release.
Among other things, the report said there were an equivalent of 5,260 full-time jobs linked directly to the airport in 2011.
“About two-thirds of airport community workers live in rural areas of Nova Scotia, and their total wages and salaries amount to over $325 million,” Ruth said.
Major employers include IMP Group, Air Canada and Jazz, all of whom provide the equivalent of 2,096 full-time jobs, about 40 per cent of the airport workforce.
The airport’s 2011 economic impact study shows the facility’s $1.26 billion value as an asset is based on gross output generated by airlines, air freight firms, retailers and other companies involved directly or indirectly with the air transportation industry.
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