Walt Disney World as the Lake Buena Vista STOLport. During the early 1970s, scheduled passenger service was operated by Shawnee Airlines with small de Havilland Canada DHC-6 Twin Otter commuter turboprops which had STOL (short take off and landing) capabilities on flights to Tampa and Orlando. The airport is no longer in operation. When the Magic Kingdom opened in 1971, the site employed about 5,500 "cast members". Today, Walt Disney World employs more than 74,000 cast members, spending more than $1.2 billion on payroll and $474 million on benefits each year. The largest single-site employer in the United States, Walt Disney World has
Walt Disney Parks and Resorts the Walt Disney World resort at a project cost of US$300 million. In April 1985, Disney signed a licensing agreement with MGM, giving Disney the right to use the MGM name, logo and movie library for this third park. Construction of the Disney-MGM Studios theme park began in 1986. Disney-MGM Studios opened on May 1, 1989, along with a Pleasure Island entertainment area; its second water park, Disney's Typhoon Lagoon, opened on June 1. In 1983, Walt Disney World Village's name was changed to the Disney Village Marketplace. A new themed area, Mickey's Birthdayland, opened in the Magic Kingdom near