GENERAL AVIATION'S CONTRIBUTION TO U.S. ECONOMY REMAINS STRONG
Study Reveals General Aviation Supports Over 1.1 Million Jobs and $247 Billion in Economic
A new study confirms what many already knew–that general aviation remains a shining star in an already bustling U.S. economy. The impact on the economy is highlighted in a new study conducted by PricewaterhouseCoopers LLP.
The Aircraft Owners and Pilots Association (AOPA) and six other general aviation associations announced the results of the study at a Washington, D.C., press conference on Feb. 19. The study determined that general aviation supports a total 1,179,200 jobs and supplies $246.8 billion in total economic output in the U.S.
“General aviation continues to be a positive contributor to our nation’s economy and benefits thousands of communities,” said Mark Baker, AOPA President, and CEO. “We must also continue working together to inspire the next generation of pilots and aircraft technicians and recognize this uniquely American industry and its exceptional impact on our country,” Baker continued.
To determine the total U.S. economic impact of general aviation, the study calculated the direct, indirect, induced and enabled economic impacts, based on the most recent data available from 2018.
The Aircraft Owners and Pilots Association (AOPA), along with the General Aviation Manufacturers Association (GAMA), Aircraft Electronics Association (AEA), Experimental Aircraft Association (EAA), Helicopter Association International (HAI), National Air Transportation Association (NATA) and National Business Aviation Association (NBAA) sponsored the study, with the support from JETNET LLC. and Conklin & de Decker. Leaders of the associations expressed confidence in the study’s portrayal of the expanding breadth and depth of the general aviation industry.
Read AOPA’s story.
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