April 24, 2019
A recent Massachusetts Statewide Airport Economic Impact Study demonstrates the significant impact aviation activity contributes to the state. The study found that aviation is responsible for 199,327 jobs, an increase of 23 percent since the last study in 2014, and produces $7.2 in payroll earnings. The total economic impact for the state is nearly $24.7 billion, an increase of 49 percent over 2014.
The state’s 30 general aviation airports are responsible for 5,000 jobs and an economic contribution of more than $630 million.
“The new study outlines direct impact to the economy, including on-airport impacts like FBOs and flight schools as well as visitor impacts such as hotel stays and dining. However, it also very effectively illustrates the multiplier impacts of aviation activity,” said Brittany Davies, NBAA’s Northeast regional representative. “Multipliers occur when aviation industry employees and others involved in aviation activities spend their earnings on groceries, home mortgage and other common expenses.”
The study emphasizes airports stimulate economic growth and development in many communities because of their ability to attract and retain businesses. The study includes a Business – Airport Synergies section with examples of such activities currently active at Massachusetts airports. One example is a Part 147 Aircraft Maintenance Technician (AMT) program through the city of Westfield and Westfield Technical Academy. With help from Gulfstream and Bombardier, the school is one of only three high school programs in the country offering AMT curriculum.
“NBAA commends the state of Massachusetts and especially the MassDOT Aeronautics Division for its ongoing commitment to the growth of aviation in the state,” said Davies. “The state not only recognizes the significant economic impact of aviation activities but continues to develop an environment that fosters growth. The Massachusetts Statewide Airport Economic Impact Study demonstrates to the public and to state and federal legislators the importance of a healthy aviation sector to a state.”
Read the Massachusetts Statewide Airport Economic Impact Study Update.