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-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

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-Term (04.25.24): Airport Rotating Beacon

Airport Rotating Beacon A visual NAVAID operated at many airports. At civil airports, alternating white and green flashes indicate the location of the airport. At military airports>[...]

ANN's Daily Aero-Linx (04.25.24)

Aero Linx: Fly for the Culture Fly For the Culture, Inc. is a 501(c)(3) non-profit organization that serves young people interested in pursuing professions in the aviation industry>[...]

Klyde Morris (04.22.24)

Klyde Is Having Some Issues Comprehending The Fed's Priorities FMI: www.klydemorris.com>[...]

Airborne 04.24.24: INTEGRAL E, Elixir USA, M700 RVSM

Also: Viasat-uAvionix, UL94 Fuel Investigation, AF Materiel Command, NTSB Safety Alert Norges Luftsportforbund chose Aura Aero's little 2-seater in electric trim for their next gli>[...]

Airborne 04.22.24: Rotor X Worsens, Airport Fees 4 FNB?, USMC Drone Pilot

Also: EP Systems' Battery, Boeing SAF, Repeat TBM 960 Order, Japan Coast Guard H225 Buy Despite nearly 100 complaints totaling millions of dollars of potential fraud, combined with>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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