Schaumburg Regional Airport generates an annual economic impact of $33.9 million.

Approximately 255 public use airports were abandoned from 1995 to 2001 jeopardizing the $150 billion economic boost the general aviation industry provides for the U.S. economy each year. In 1994 when the Schaumburg Airport was put up for sale, the FAA approached the Village and suggested that they consider preserving the airport and its benefit to the aviation community and the economy.

The purchase price for the airport was subsidized significantly by both the State and Federal Governments with the local share for many of the grants being as low as five percent. The current operations of the airport are covered solely by revenues generated at the airport and no general fund revenues are used for airport purposes.

In 2019, an Economic Impact study was conducted by IDOT. The primary objectives of the Illinois Aviation Economic Impact Study (or EIS) were to identify the key components of aviation-related economic impacts, calculate impacts using the IMPLAN economic modeling software, and quantify the total economic impacts of the Illinois aviation system. This study evaluated quantitative data in terms of net economic contributions and developed case studies based on the unique contributions of aviation to the state, especially those that contribute to the quality of life of Illinoisans. This study used data collected from 2019, and, as a result, shows the findings from the system in 2019. Schaumburg Regional Airport created 202 jobs earning $12.4 million in labor income, contributed $19.6 million in value added, and generated a total economic impact of $33.9 million. The economic impact study can be found here: Schaumburg Regional Airport Economic Impact.

Airport Strategic Plan 

On March 9, 2021, the Village Board approved the Schaumburg Regional Airport Strategic Plan at its bi-monthly meeting. The Strategic Plan will serve as a guiding document for the Schaumburg Regional Airport through the Vision and Mission Statements and establishing recommendations to realize that vision over the next 20 years.

Village staff, business tenants, the Pilot Technical Advisory Committee, and the Schaumburg Regional Airport Advisory Commission all provided valuable feedback that directly informed the development of the Strategic Plan for the Schaumburg Regional Airport. The Key recommendations offer more specific direction as to how the long term goals for the airport can be achieved. To view the Strategic Plan, please click the link below.

Airport Strategic Plan

Industry and Commerce

The Schaumburg Regional Airport estimates over 60% of the flights in and out of the airport are for business purposes. It is estimated nationally that 65% of general aviation flights are conducted from business and public services that need transportation more flexible than the airlines can offer.

News & Entertainment

US Helicopters provides helicopter service to CBS, ABC, NBC, WGN and FOX daily in order to bring thousands of commuters up to date information for their daily commute.

Emergency Services

The Civil Air Patrol, Woodfield Composite Squadron has been in operation since 1992 and is based out of the Schaumburg Regional Airport. The Civil Air Patrol, the official Air Force Auxiliary, is a nonprofit organization performing more than 95% of inland search and rescue missions in the continental U.S. as tasked by the Air Force Rescue Coordination Center.