The $47 million commuter facility also plans to lengthen the 5,500-foot runway by 1,500 feet to accommodate large corporate jets. Corporate aircraft now take on limited payloads and less fuel for the runway, making a fuel stop necessary for trips to the West Coast
The airport has grown dramatically since the first racing-related aircraft were brought in five years ago. Racing teams presently have 40 aircraft valued at $75 million based at the airport, according to aviation director John Crosby in a published report.
The aircraft produce tax revenue and fuel sales that are part of more than $400 million in economic benefits generated by Lowe's Motor Speedway and race teams in the Charlotte region. As racing continues to fuel economic expansions in the area, the airport has seen the number of takeoffs grow to a projected 100,000 this year, up from 45,000 in 1998.
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