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American Airlines' Charlotte hub fuels $30B into North Carolina, says NCSU study [Yahoo! Finance]
Last american airlines group, inc. earnings: 4/30 07:30 am
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US:NASDAQ Investor Relations: americanairlines.gcs-web.com/investor-relations
The company's operations at Charlotte Douglas International Airport contribute more than $30 billion into the state's economy, according to the airline and a study from NC State University's Institute for Transportation Research and Education Every two years, the institute assists the state of North Carolina in conducting an economic contribution analysis of its public airport system, according to NC State economist Ryan Hassett. As part of the most recent analysis, the institute worked with American on their hub operation in Charlotte specifically. CLT is the second largest hub for the Fort Worth, Texas-based company, accounting for about 90% of the flights out of Charlotte Douglas. It is also the sixth busiest airport for takeoffs and landings. The Charlotte airport had 596,583 flights last year — an 11% increase from 2023, when the airport ranked seventh internationally. “Our hub operation positions North Carolina at the center of the world for tourism, events and business d
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