GAMA: GA Contributes More Than $150B To US Economy | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Thu, Jun 08, 2006

GAMA: GA Contributes More Than $150B To US Economy

Testifying Wednesday at a hearing before the Aerospace States Association (ASA) on the National Aeronautics R&D Policy, General Aviation Manufacturers Association (GAMA) Chairman and the Chairman, President, and CEO of Cessna Aircraft Company, Jack Pelton, announced the release of a study, co-authored by some of the country’s most knowledgeable transportation economists, which once again demonstrates GA's value to the U.S. economy.

GAMA, together with the National Association of State Aviation Officials (NASAO), commissioned an independent analysis of GA’s current contribution to the U.S. economy at both the national and state level. The results are significantly higher than past estimates, indicating GA‘s increasing role as a provider of air transportation in this country.

“Because of the diverse nature of general aviation, its significant impact upon the economy is often overlooked or intermixed with other segments of transportation, masking GA’s own unique contribution,” said Pelton.

“It is important to note that in 2005, GA contributed more than $150 billion to U.S. economic output, and directly or indirectly, employed more than 1,265,000 people whose collective earnings exceeded $53 billion.”

NASAO President and CEO Henry Ogrodzinski said, “Those who seek to raise the amount of taxes paid by general aviation operators must consider the adverse affect tax increases have on aviation consumers in every state in our nation.”

“This study quantifies what is at stake in the upcoming user fee debate for a significant number of Americans whose livelihoods are supported by general aviation,” said Pete Bunce, GAMA President and CEO (pictured below, at podium).

“If the airlines are successful in shedding their own costs of an air transportation system that is built for them onto GA, a significant negative impact will be felt by many more than just GA operators."

FMI: www.gama.aero/PUBLIC/GAcontribution.pdf

Advertisement

More News

ANN's Daily Aero-Linx (05.02.24)

Aero Linx: Model Aeronautical Association of Australia MAAA clubs are about fun flying, camaraderie and community. For over 75 years, the MAAA has been Australia’s largest fl>[...]

ANN's Daily Aero-Term (05.02.24): Touchdown Zone Lighting

Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]

Aero-News: Quote of the Day (05.02.24)

“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]

ANN FAQ: Contributing To Aero-TV

How To Get A Story On Aero-TV News/Feature Programming How do I submit a story idea or lead to Aero-TV? If you would like to submit a story idea or lead, please contact Jim Campbel>[...]

NTSB Final Report: Cirrus Design Corp SR20

Student Pilot Reported That During Rotation, “All Of A Sudden The Back Of The Plane Kicked To The Right..." Analysis: The student pilot reported that during rotation, “>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC