LOUISVILLE, Ky. (WDRB) -- Louisville's two airports have generated more than $550 million in tax revenue, the Louisville Regional Airport Authority said in a news release this week.Â
The Louisville Muhammad Ali International Airport and Bowman Field generated a record-breaking $12.8 billion in economic output for the region and state in 2024, according to its most recent economic impact study, including 90,000 direct and indirect jobs with $551.1 million in state and local tax revenues, according to the release.Â
One in eight jobs in the city is connected to the Airport Authority, according to the release, with 89,357 direct and indirect jobs in the Louisville Metro area, thanks to Louisville Muhammad Ali International Airport and Bowman Field. Those jobs led to significant tax revenues of more than $414 million for the Commonwealth, combined with $137 million for local governments or $1 in every $6 in Louisville Metro tax revenue.
"Louisville's airports are an essential part of Kentucky's success, impacting everything from our red-hot economy to our record-breaking tourism industry while also providing good jobs for Kentuckians," Kentucky Gov. Andy Beshear said in the release. "The nearly $13 billion in economic output and 90,000 jobs supported in 2024 are an amazing boost for our commonwealth. I want to congratulate the teams at Louisville Muhammad Ali International Airport and Bowman Field on another great year."
Louisville Mayor Craig Greenberg said the latest study "proves what we've known for decades – that Louisville's airports are significant drivers for economic development in our city, our region and our commonwealth."Â
This is the first economic assessment for the Airport Authority since the pandemic.Â
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