The purpose of this economic contribution assessment is to estimate the current and projected economic contribution of A.B. Won Pat International Airport, Guam (the Airport) on the economy of Guam. The Airport is owned by the A.B. Won Pat International Airport Authority, Guam (herein after referred to as GIAA or the Authority).
The scope of the assessment included (1) defining the regional service role and use of the Airport, (2) identifying the current direct employment and expenditures by Airport-related businesses, (3) ascertaining the level of expenditures by visitors, (3) estimating the total contribution of those expenditures on the regional economy for 2006, (4) projecting the future economic contribution of the Airport based on the Master Plan Update∗ forecast aviation activity through 2023, and (5) identifying and evaluating the potential constraints on future Airport development and economic contributions…
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