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.
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.
In an economy that may not be struggling for jobs, but certainly is struggling for decently paying jobs, employees on the line at its facility make between $50,000 and $80,000, according to executives.