Estimated Economic Influence Given To City Commission
This is a letter from General Aviation Training and Testing Service,
Inc. given to the Manhhattan City
Commission Tuesday:
GATTS is a privately held corporation with offices and training facilities
located at the Manhattan Regional Airport. All
stockholders and employees of the corporation reside in the Manhattan
area.
GSTTS provides advanced training for pilots and contract testing for
the Federal Aviation Administration. The vast majority
of GATTS clients (98%) reside outside of the State of Kansas. Most
of the revenues generated by GATTS and it's clients
are brought into the Manhattan area from outside of the State, and
remain in the area.
Te following are examples of the 1999 revenues disbursed in the Manhattan Area.
Manhattan Regional Airport and City of Manhattan:
Hangar and Facility rents: $22,400
Aircraft service and maintenance: $76,000
Sub Total $98,400
Local support businesses:
Lodging: $78,000
Transportation: $45,000
Food service and entertainment $63,000
Business support: $15,400
Sub Total $201,400
Wages and Salaries:
Manaagement and Staff: $397,800
Sub Total $397,800
Expenses and Disbursements: $338,400
(Payments to investors)
Gross Estimated Regional
Economic Contribution: $1,036,000