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 sector, including general aviation and advanced air mobility (AAM), is projected for substantial economic growth, with AAM alone expected to generate $115 billion and 280,000 jobs in the U.S. by 2035.
- A major focus is on sustainable aviation, with states like Kansas, Colorado, and Michigan actively promoting Sustainable Aviation Fuel (SAF) and electric aircraft development to meet net-zero carbon emission goals.
- General aviation continues to be vital for communities, supporting disaster relief and essential services, and is evolving to integrate new sustainable technologies and address workforce demands.
- Successful progress in sustainable aviation and AAM requires strong industry collaboration, supportive policies like SAF tax credits, and strategic workforce development initiatives.
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