A committee is still determining whether to recommend the McKinney City Council call for a bond election next year to raise money for building a commercial terminal.
Commercial service out of McKinney National Airport would create thousands of jobs and potentially generate more than $1 billion dollars of economic impact for the city by 2040, according to a recently completed study.
The study found that the airport would create 1,040 direct jobs in 2026 when the commercial terminal would potentially open. Commercial operations would support more than 3,200 total jobs. Total wages would amount to $265 million. Overall, the airport would generate $850 million in economic activity and $115 million in tax revenue, including about $5 million for McKinney.
McKinney does not have any agreements in place with any of the airlines. Assistant City Manager Barry Shelton said a range of carriers have expressed interest, which served as the catalyst for getting the project moving. "This is not a 'build-it-and-they-will-come' scenario," said Edward Shelswell-White, chief customer officer of Sky Synergy."It's not a slam dunk. Even though we think the business case is there and the interest is there, it still requires doing things the right way."
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