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BWI To Take Hit From Sequester Cuts

By: Armando Trull // March 1, 2013
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Maryland stands to lose millions in tax revenue if sequestration promps a slow-down at BWI.
http://www.flickr.com/photos/mvjantzen/1539146636/
Maryland stands to lose millions in tax revenue if sequestration promps a slow-down at BWI.

BWI Marshall airport, which supports 94,000 jobs and contributes more than $720 million in taxes each year, is expected to take a major hit with the sequester.

The Federal Aviation Administration is expected to reduce expenditures by $600 million for the remainder of fiscal 2013. FAA officials estimate that such reductions could result in furloughs for employees that could cause serious delays and longer lines for passengers because of reductions to customs, TSA employees, flight tower staffing levels, FAA airfield and equipment inspectors, baggage screeners and handlers.

Additionally, delays of some capital improvement projects could occur at airports nationwide.

BWI Marshall is an important economic engine in Maryland, which creates and supports almost 94,000 jobs, $3.6 billion in personal income, $5.6 billion in business revenue, and more than $2 billion in local purchases.

Southwest Airlines, the leading carrier at BWI Marshall Airport, served more than 13 million passengers in 2012, a 4.2 percent increase over 2011.

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