SATX360 Newsletter | Sky’s the Limit
President POV
Last year, San Antonio had the highest population growth in the nation. Of the top 10 largest cities, San Antonio was one of only two cities to increase its population. And though we are an established large city, there is so much room for new growth. To support our community, and to support recruiting new businesses to our region, now is the time to invest big in our San Antonio International Airport (SAT).
Our airport serves more than 10 million passengers each year — an average of 25,000 per day. In the next 20 years, that number could double. San Antonio is the largest U.S. city without transatlantic air service. We intend to change that.
Private sector partners across San Antonio have come together to support our region’s first privately funded Air Service Development Fund to attract new nonstop service to SAT. Following a direct recommendation from the greater:SATX All In strategic plan, the region will continue aligning investments into our airport that competitively position Greater San Antonio for economic growth. By prioritizing our top underserved markets, the fund will initially target Europe, Canada, and other domestic cities to support the continued growth of SAT and best serve the San Antonio region and beyond.
San Antonio and Austin will inevitably be the next U.S. mega-region. The two metros unlock a talent and goods pipeline through North America into Latin America and the globe that continues to attract growth – with 30% population growth between our two MSAs since 2010. The investments our community is making today will continue to support our economic competitiveness and strengthen San Antonio for our megaregional future.
The aviation industry is transforming post-pandemic and we expect airlines to continue reevaluating underperforming routes that can be replaced by nonstop service to growing destinations like San Antonio. As one of the fastest-growing regions in the country, San Antonio is poised to secure additional service from those airlines reprioritizing aircraft and labor. We will keep articulating that value proposition and leveraging the momentum we have with our business leaders and airport to win.
Regional Updates
Growing Greater: United Alloy Inc. and Synthica Energy
The Greater San Antonio region celebrates two project announcements this week. As a testament to our diversified economy, both manufacturers and renewable natural gas have found their homes in the Alamo City.
Export Leaders
The Export Leaders program is designed to help San Antonio regional companies start and scale export activity. Applications are now open for our 2022 program. If you are interested in exploring new international markets, connecting with buyers and distributors, and leveraging local expert resources through the Export Leaders Program, learn more at bit.ly/SATXExportLeaders.
In the News
| San Antonio economic development group launches fund to entice more nonstop flights to the airport- San Antonio Express-News |
| Sarah Carabias Rush, Chief Economic Development Officer joins On The Record – KLRN |
| Spirit Airlines Enters San Antonio Market – Routes Online |
| Spurs unveil statement edition uniform honoring team’s legacy in Texas – nba.com |
Why SATX
Businesses thrive when they move to San Antonio. Hear what the experience has been like for one of our recent headquarters relocations, Victory Capital.