A new study shows private aviation travelers brought $436 million while general aviation tenants generated an additional $635 million
A study conducted on behalf of the Tennessee Department of Transportation found no plane, no gain. Or, more specifically, attracting private jets is good for the economy.
While airline passenger counts remained 75% below last year’s levels, private jet flights increased 5% during America’s birthday Independence Day holiday in 2020
– The 50 Busiest Private Jet Airports during the holidays
– Airports with the biggest increases and decreases of private jets
– The most popular private jet routes for the July 4th holiday
As airline passenger levels remained 75% below last year, a detailed analysis by Private Jet Card Comparisons of data from WingX shows not only that private jet flights were up year-over-year by 5%, but where they were going.
Normally a niche segment, private jets are becoming more important to the travel and tourism industry, which before the COVID-19 pandemic supported 10% of worldwide jobs.
No Plane No Gain, an advocacy group backed by the National Business Aviation Association (NBAA) and the General Aviation Manufacturers Association (GAMA) have released a media presentation designed to correct misperceptions and explain how private aviation benefits the broad economy.
The membership of the General Aviation Manufacturer’s
Association recently outlined some of the way members give back
Business aviation supports over 1.1 million jobs and $219 billion dollars in economic activity in the U.S. The industry also supports businesses in over 5,000 communities, over 4,500 that don’t have commercial airline service. It is also on the front lines after natural disasters, bringing aide to the stricken and supporting first responders.