ECONOMIC ENGINE PERFORMANCE REPORT

1
ECONOMIC ENGINE PERFORMANCE REPORT

• Presented to
• Port Everglades Association
• April 3, 2009

2
Office of Economic DevelopmentNorman Taylor,
Economic Development Director
TRADE MISSION CHILE
3
136,850,000 in New Capital Investment

• Job Creation Retention
• 1,700 new jobs created
• 1,683 jobs retained
• 236 companies provided direct assistance
• International Business
• Eleven inbound trade missions
• Team Florida Trade Mission to the United Kingdom
  (Farborough Airshow/UK Climate Change Forum)
• Opened the Diplomatic Services Room at Fort
  Lauderdale/Hollywood International Airport
• Created International Emerging Leadership course
  in conjunction with Broward College
•  Emergency Management
• Established four Business Recovery Centers
• Community Development
• Reactivated the Enterprise Zone Advisory Board
  (Broward County, Fort Lauderdale, Lauderhill, and
  Dania Beach)

4
Nicki E. Grossman, President
WAS
IS
1985
2009
5
Tourism Indicators
6
Fort Lauderdale-Hollywood International
AirportKent George, Aviation Director
7
New International Service 2007-2009

• Spirit
• St. Maarten San Jose, Costa Rica Aguadilla, PR
  in APR 07
• Guatemala City in MAY 07
• Lima and San Pedro Sula in JUN 07
• Managua in AUG 07
• Aruba in NOV 07
• Freeport in DEC 07
• Panama City in JAN 08
• Cartagena in MAY 08
• Port of Spain in JUN 08, and Freeport in DEC
• Medellin in MAR 09
• American Airlines
• Port Au Prince and San Jose in DEC 07
• Kingston in JUN 08
• Caribbean Airlines began POS in MAY 08
• Finnair to Helsinki in NOV 08
• JetBlue to Nassau in FEB 09
• JetBlue to Cancun and Santo Domingo in MAY 09

8
New Domestic Service 2007-2009

• JetBlue
• White Plains in APR 07
• Buffalo, Syracuse, and Richmond in NOV 07
• Charlotte and Raleigh Durham in JAN 08
• Austin in MAY 08
• San Juan in DEC 08
• Spirit
• Las Vegas, LAX, and Myrtle Beach in early 07
• San Antonio in APR 08
• Islip in MAY 08
• Allegiant Air
• Arrived in NOV/DEC 07 with 4/5 daily flights to
  Allentown, PA Chattanooga, TN Knoxville, TN
  Greensboro, NC, Greenville/Spartanburg, SC
  Huntington, WV IL Plattsburg, NY
• Southwest
• Austin and Manchester in MAY 08
• Denver in AUG 08
• Las Vegas in DEC 08
• AirTran
• Columbus in MAR 09

9
South Runway Project
10
Economic Impact Breakdown

• Employment
• 8,900 jobs on-Airport
• 28,100 related off-Airport
• 37,000 total jobs
• Economic Impact
• 358 (M) on-Airport wages
• 2,383 (M) off-Airport wages, indirect, induced
  impacts (multiplier effect), and other economic
  impacts
• 2.7 billion total business activity

Jacobs Consultancy Economic Assessment , Sept
2007
11
Port EvergladesPhillip C. Allen, Port Director
12
Expansion Creates Jobs

• Phase VIII
• 227 construction jobs
• 254 direct jobs once completed
• 14,623 total jobs
• 494 million in personal income
• 1.4 billion in annual business activity
• 45 million generated in state and local taxes
  annually
• Cruise Terminal 18
• 1,414 construction jobs
• 3,422 direct jobs once completed
• 8,012 total jobs
• 356.5 million in personal income
• 32.8 million generated in state and local taxes
  annually
• After fifth year of Agreement with RCL

13
QUESTIONS?