Community Budget Issue Requests - Tracking Id #714FY0102

Airfield and Terminal Facility Improvements to accommodate Next Generation Large Aircraft at Orlando International Airport

Requester:

Robert K. Brancheau

Organization:

Greater Orlando Aviation Authority

Project Title:

Airfield and Terminal Facility Improvements to accommodate Next Generation Large Aircraft at Orlando International Airport

Date Submitted:

1/16/2002 11:15:18 AM

Sponsors:

Daniel Webster

Statewide Interest:

The Airbus 380 will serve the aviation industry as the first of a next generation passenger and cargo aircraft.� The A380 has a larger payload capacity and over 35% increase in passenger seats than the B747/400 (A380 can accommodate up to 555 passengers compared to 410 passengers on B747/400).

Orlando International Airport is among a select group of world airports in a position to accommodate the A380 with only a modest amount of airfield and terminal facility improvements.�� Virgin Atlantic Airways and Federal Express have already placed firm commitments to purchase the A380.� Virgin Atlantic currently has 3-daily non-stop flights from the United Kingdom to OIA and a Federal Express sorting center is located at OIA.

Airports that are able to accommodate next generation aircraft will significantly enhance their region's economic position.� Economic Analysis of this project by Hank Fishkind and Associates indicates a 37% increase of state sales taxes� ($6.6 million annual increase) and tourist development taxes ($1.7 million increase).�� Total direct and indirect economic impact is estimated at over $177.7 million per year and the creation of 2,370 new jobs.

The extended range capabilities of the A380, up to 8,000 nautical miles, will provide access to new passenger markets including the Far East.� In addition, the A380's increased freight capabilities will allow more cities to enjoy direct passenger service and "next day" freight services.� The efficiency of the A380 provides for maximum productivity and benefit with fewer operations and cost.

Recipient:

Greater Orlando Aviation Authority

Contact:

Robert K. Brancheau

One Airport Blvd

Contact Phone:

(407) 825-3126

Orlando 32827

Counties:

Orange

Gov't Entity:

Private Organization (Profit/Not for Profit):

Yes

Project Description:

Construction of airfield and terminal facility improvements required to accommodate the next generation large aircraft (A380) at Orlando International Airport.

Measurable Outcome Anticipated:

An economic impact analysis conducted by Hank Fishkind estimates a total economic impact� of over $177.7 million per year; an annual increase of state sales tax of $6.6 million annually and an annual� increase of tourist development taxes of $1.7 million. �Over 2,370 new jobs will be created, many in the transportation field with higher than average wages.

Amount requested from the State for this project this year:

$4,000,000

Total cost of the project:

$32,000,000

Request has been made to fund:

Construction

What type of match exists for this project?

Local

Cash Amount:

$4,000,000

Was this project previously funded by the State?

No

Is future-year funding likely to be requested?

Yes

Amount:

$12,000,000

Purpose for future year funding:

Non-recurring Construction

Will this be an annual request?

No

Was this project included in an Agency's Budget Request?

Yes

Agency:

Transportation, Department Of

Was this project included in the Governor's Recommended Budget?

Yes

Is there a documented need for this project?

Yes

Documentation:

Orlando International Airport Master Plan, Orlando International Airport Capital Improvement Plan, F

Was this project request heard before a publicly noticed meeting of a body of elected officials (municipal, county, or state)?

Yes

Hearing Body:

Orange County Delegation Meeting

Meeting Date:

11/19/2001