How big an impact does Dallas/Fort Worth International Airport have on North Texas? It has generated $31.6 billion in economic activity this year, a new analysis showed.
The Dallas Morning News reported that an analysis nearing completion by the University of North Texas Center of Economic Development and Research concluded the increased earlier estimates of between $15 and $16.8 billion by adding $16 billion from the airport’s air cargo activities that previously wasn’t counted.
Airport officials said the airport can be considered an “aerotropolis,” a citylike entity of passengers and freight that is connected to the world, the Morning News said.
Airport Vice President John Terrell talked about the airport’s economic impact at an airport conference called Aerotropolis Americas, being attended by 300 delegates from airports and development agencies from different parts of the world. The conference is at the Hyatt Regency Hotel at the airport.
On Thursday, the conference featured a duet welcome speech from Dallas Mayor Mike Rawlings and Fort Worth Mayor Betsy Price, who alternated speaking while standing togehter.