Smarter by the Day

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More transportation options mean more opportunity for moving the Colorado economy

It’s true on the micro and macro levels:  Colorado’s logistics network moves more than product. It’s making life easier, healthier and more prosperous for humans too.

At the smallest vehicle level, two of the top six US cities by percentage of people biking to work are Boulder (No. 2) and Fort Collins (No. 6). At the largest, Denver International Airport is the nation’s fifth busiest, with nonstop international service growing every day, a most recently with a new flight to Montreal and a restored flight to Munich.  DIA had its busiest March in the airport’s history in 2016 with about 4.7 million passengers, led in part by 5-percent growth in international passengers.  It was the seventh consecutive month of record-setting passenger traffic.

Colorado’s robust system of 76 public use airports — including Denver International Airport — generates $36.7 billion in economic output annually.  The network includes smaller complexes such as Grand Junction Regional Airport out west, where West Star Aviation, operator of a major aircraft maintenance and repair operation (MRO), just completed a $9.5 million paint hangar that added 38 jobs, bringing its total payroll on site to 400.  The facility services private and corporate aircraft from around the world, and just received approval from the Civil Aviation Administration of China allowing overhaul and repair work on aircraft from that country.  West Star’s national network also includes Colorado maintenance operations in Aspen, and at Centennial Airport in Englewood, also known as the headquarters of national air ambulance company Air Methods.

Those airports are among 13 in the state that are part of the Colorado Office of Economic Development and International Trade’s Aviation Development Zone program, which allows MRO and aircraft manufacturing companies investing in the zone to receive a state income tax credit of $1,200 per net new employee hired.

Colorado Office of Economic Development and International Trade Logo Colorado Office of Economic Development and International Trade (303) 892-3840 oedit.info@state.co.us
Colorado Office of Economic Development and International Trade Logo Colorado Office of Economic Development and International Trade (303) 892-3840 oedit.info@state.co.us
Colorado Office of Economic Development and International Trade Logo Colorado Office of Economic Development and International Trade (303) 892-3840 oedit.info@state.co.us
Colorado Office of Economic Development and International Trade Logo Colorado Office of Economic Development and International Trade (303) 892-3840 oedit.info@state.co.us