Air show boosts Bundaberg economy
MILLIONS of dollars were injected into the Bundaberg region economy by the Wide Bay Australia International Air Show, according to a recently released economic impact study.
The study has shown the Bundaberg regional economy received an estimated $2.76m, or 88%, of the total spending by attendees and the event promoter in Queensland – calculated to be $3.12m.
Wide Bay Australia International Air Show board member Neil McPhillips was excited about the results.
“Attendance over the three days was just over 22,000, which is exceptional for any event, and the level of spending, which has boosted our regional economy, makes the effort worthwhile,” he said.
“Importantly, with this amount of spending into the economy, the study estimates that this one event is responsible for the generation of nearly nine full-time jobs, which just shows how supporting local events and initiatives is great for our community.”
The study also said the air show attracted 4007 visitor night stays in the Bundaberg region, and 764 night stays in other parts of Queensland as spectators travelled to the air show.
Visitors to Bundaberg accounted for 20% of admissions, with 5% coming from interstate and 15% from other areas of Queensland.
Just over 70% of the spectators who were visitors to the Bundaberg region had specifically come for the air show.
This year, the air show hosted a dedicated trade day aimed at business and industry development.
More than 60 aircraft were displayed, sales exceeded $1.2 million and many visiting aviation and aerospace-related visitors met with local business people.
The air show is managed by a board of directors and this year was self-funded for the first time.