PHOENIX — Valley economist Elliott Pollack said a merger between US Airways and American Airlines will lead to job reductions in the Valley but the extent of those losses isn’t known yet.
US Air employs just over 9,200, making it the ninth-largest private employer in the state. Jobs connected to the airline brings the total employment impact to 24,515.
Pollack said the airline has approximately 2,000 jobs at its Tempe corporate headquarters. If the state loses those jobs the total impact would be 5,300 jobs when including jobs created by businesses that provide goods and services to US Airways, said the economic consultant.
“State revenues would drop by $11.4 million. County and local revenues would drop by a combined $9.5 million,” he said.
Pollack made it clear that numbers surrounding a possible reduction in flight operations, i.e. moving the hub out of Sky Harbor, are speculative but he offered one scenario.
“If flight activity is reduced about 4,600 jobs (includes indirect jobs serving the airline) would be lost and state, county and local tax revenues would drop by almost $18.5 million.”
Liz Landau, a spokeswoman with US Air, said the company cannot comment on any potential merger, but she said the airline
recently signed a five-year lease on corporate headquarters in Tempe. A hub will be maintained in the Valley.
The Tempe headquarters have 750 corporate employees.
- The Pac-12 football season nears kickoff
- Tips to get ready for a pain-free golf season
- Protect your family with these 7 home security features
- How to train like an Olympic swimmer
- 2016 Olympics: A guide to must-see TV events
- The bride's guide to feeling your best on your wedding day
- Deciding when you need knee surgery
- Celebrating Fourth of July is much cooler in these AZ towns
- Top ten road trip bathrooms in America
- Six things causing a pain in your neck
- 5 things to make your summer move easier
- Three elements of a strong timeshare exit guarantee
- Stretches and exercises for carpal tunnel syndrome
- The best Major League ballparks have their own personality
- Comparing the best regular seasons: The '96 Bulls and '16 Warriors
- 3 Arizona road trips and the vehicles to get you there
- Colon cancer is preventable. Check these signs and symptoms to stay healthy.
- 6 of the biggest skin cancer myths
- Affordable small home makeover ideas
- Locals helping locals: 6 success stories you need to know about
- Sunscreen facts that could save your life
- 6 energy saving hacks for your home
- 5 tips for choosing a company to end your timeshare
- Overlooked water tips to save you money
- 5 of the most adored gentlemen in professional sports today
- The real danger of sitting at your desk
- Most surprising NBA playoff performances of the last 40 years
- 11 classic baseball movies you must see again
- Finally getting rid of fat: 3 methods that actually work
- 4 reasons cancer survivors should focus on food