Airport Board Officers
The Louisville Regional Airport Authority Board has announced that Jim Welch will serve as its Vice Chairman and Jon Meyer as its Secretary-Treasurer.
Welch was appointed to the board in 2009 and is Vice Chairman of Brown-Forman Corporation with global responsibility for corporate strategy, human resources, corporate affairs and diversity. He also is an instrument-rated private pilot with more than 1,000 hours of flight time and a member of the Aircraft Owners and Pilots Association.
Appointed to the board and elected Secretary-Treasurer in 2011, Meyer is partner and Chair of the Board of Jones, Nale & Mattingly PLC, Certified Public Accountants and a member of the American Institute of Certified Public Accountants and the Kentucky Society of Certified Public Accountants.
Louisville's airports continue to be economic engines for the region according to a recently released economic impact survey.*
The survey results reveal that Louisville International Airport (SDF) and Bowman Field (LOU):
- Supported 64,135 total jobs, meaning that more than 9 percent of total area employment - almost one in every 10 jobs in the Metropolitan Statistical Area - is attributable to airport-related activities
- Generated more than $7 billion in total annual business expenditures in the metropolitan area
- Generated more than $2.28 billion in total payroll
- Produced over $320 million in state and local tax revenues
"All of these figures are significantly larger than the previous results in 2008," said Phil Lynch, Chairman of the Louisville Regional Airport Authority Board, which oversees the airports. "This means that even during a major nationwide slump, our airports were thriving, growing and providing a huge lift to our local economy through more jobs, more payroll and more taxes paid."
* The results of the Economic Impact Survey are drawn from calendar year 2011data provided by the Louisville Regional Airport Authority (LRAA) and its airport business partners to the Department of Economics at the University of Louisville.
To view the survey results, visit www.FlyLouisville.com
Louisville International Shows Growth in Cargo
Airports Council International (ACI) recently released its worldwide ranking of the busiest cargo airports for calendar year 2011. Louisville International Airport (SDF) moved up one notch to the ninth position on the list and maintained its position as the third busiest cargo airport in North America.
Crittenden Drive South Connector Celebration
Construction of the South Connector (Phase 1 of the Crittenden Drive Relocation Project) is complete and was opened with a ribbon-cutting ceremony on Tuesday, August 28 that included remarks from Lt. Governor Jerry Abramson, Mayor Greg Fischer, Rep. Larry Clark and Airport Authority Chairman Phil Lynch. The newly constructed roadway includes a bridge over the CSX railroad tracks, which connects Crittenden Drive to Strawberry Lane.
The relocation of Crittenden Drive allows for the continued construction of Taxiway "A," a crucial airfield improvement that will allow the airport to handle the newest, largest, long-range commercial aircraft now in service.
Construction on the next phase of the project, the North Connector, is expected to begin in winter 2013.