Roughly 43,000 aircraft move through US airspace every day. Among them, those piloted under the broad segment of general aviation support $247 billion in economic impact each year, and 1.2 million jobs. By 2035, economic gain within a new genre of flight known as advanced air mobility (AAM) is expected to reach $115 billion per year in the US and create 280,000 high-paying jobs there. Also, by 2035—or 2050, depending on the entities involved—companies around the world expect to reach net-zero carbon emissions. Boeing, for one, pledges to ensure all its commercial aircraft will be ready for sustainable aviation fuel by 2030.
General Aviation Investments in SAF, AAM Pay Off Locally
Key Takeaways:
- The aviation industry is set for significant growth and transformation, with Advanced Air Mobility (AAM) projected to generate $115 billion and 280,000 jobs by 2035, alongside a commitment to achieving net-zero carbon emissions by 2035-2050.
- Local leaders underscored Sustainable Aviation Fuel (SAF) and electric aircraft as crucial for decarbonization, emphasizing the need for strong industry collaboration, government incentives like tax credits, and focused workforce development.
- Regions across the US are actively investing in and showcasing the benefits of sustainable aviation and AAM, leveraging existing infrastructure for economic growth, environmental progress, and enhanced community resilience.
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