general aviation economic benefits Archives

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.

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Updated research shows private jets and business aviation support 1,179,200 U.S. jobs

Newly updated research conducted by PricewaterhouseCoopers LLP revealed that general aviation supports a total 1,179,200 jobs and $246.8 billion in total economic output in the U.S. annually.

The researcher found that each industry job created 3.3 jobs elsewhere in the economy.

It also found the business of general aviation is a big winner for the U.S. when it comes to international trade.

Continue reading “General Aviation’s economic contribution reaches $246 billion”