A brand new examine underscores the immense financial impression of normal aviation in the USA, revealing that the trade helps 1.3 million jobs, contributes $178.1 billion to the nation’s Gross Home Product (GDP), and generates $339.2 billion in complete financial output.
Regardless of financial headwinds, normal aviation has demonstrated robust post-pandemic progress, including greater than 150,000 jobs and $92 billion in annual financial impression because the final examine in 2020, in accordance with the brand new report by PwC US Tax and sponsored by eight normal aviation advocacy associations.
“This progress takes place at a time when the significance of the societal advantages that normal aviation brings to humankind across the globe can’t be overstated,” famous Pete Bunce, president of the Common Aviation Producers Affiliation (GAMA). “From aerial firefighting, medical airlift, pure catastrophe response, regulation enforcement, agriculture safety, by way of drone vaccine supply, normal aviation is saving lives whereas our enterprise aviation phase creates the company connectivity to permit corporations the aggressive benefit wanted to create extra jobs and promote financial progress.”
“Common aviation is the expertise incubator for civil aviation — our evolution is spurring extra sustainable propulsion programs, safety-enhancing avionics capabilities, superior materials manufacturing, and improved upkeep, coaching, and assist,” he continued.
Key Findings
- 1.3 million jobs supported throughout direct, oblique, induced, and enabled financial results.
- $107.5 billion in labor revenue, with GA jobs providing above-average wages.
- $339.2 billion in complete financial output.
- $178.1 billion GDP contribution, accounting for $529 per U.S. resident.
- Customer spending of $6.7 billion, reinforcing GA’s function in tourism and enterprise journey.
- Greater than 214,000 lively GA plane, logging 28.6 million flight hours in 2023.
- U.S. GA manufacturing exported $113.7 billion in plane, engines, and elements, sustaining a $58.5 billion commerce surplus.
- Prime contributing states: California (146,600 jobs), Florida (121,100), and Texas (106,000)
Common aviation trade leaders praised the examine for reaffirming GA’s financial significance whereas highlighting its rising function in technological developments, job creation, and group assist.
“This examine powerfully demonstrates normal aviation’s important and rising function in creating jobs, supporting financial exercise, connecting communities and serving to corporations of all sizes succeed, nationally and in each state,” mentioned Ed Bolen, president and CEO of the Nationwide Enterprise Aviation Affiliation (NBAA). “This authoritative report will probably be priceless in our trade’s work to teach policymakers and opinion leaders concerning the sector’s measurement and central function within the nation’s financial system and transportation system.”
“This report exhibits the rising impression of normal aviation in each a part of the U.S.,” added Darren Pleasance, president and CEO of the Plane House owners and Pilots Affiliation. “Because the final report in 2020, the variety of individuals studying to fly has almost doubled, proving as soon as once more that normal aviation offers extra worth than ever to communities throughout the nation.
Maybe Jack J. Pelton, CEO and chairman of the Experimental Plane Affiliation (EAA), sums it up greatest: “Common aviation is not only about financial progress — it’s about group, accessibility, and the American spirit of flight.”
The examine, sponsored by the General Aviation Manufacturers Association (GAMA), Aircraft Electronics Association (AEA), Aircraft Owners and Pilots Association (AOPA), Experimental Aircraft Association (EAA), National Association of State Aviation Officials (NASAO), National Air Transportation Association (NATA), National Business Aviation Association (NBAA) and Vertical Aviation International (VAI), is accessible for obtain here.
