Industry Research

New York Airports Generate $63 Billion In Economic Activity

Posted on November 26, 2013

New York's airports are big players in the commerce that flows daily through the region. More than 2 million tons of cargo flowed through the airports last year, most of it through JFK, the seventh-largest cargo airport in the country.
New York's airports are big players in the commerce that flows daily through the region. More than 2 million tons of cargo flowed through the airports last year, most of it through JFK, the seventh-largest cargo airport in the country.

NEW YORK -- Travelers braving the long lines, frustrating security procedures and stressed-out crowds this week are not likely to think about the economic impact of their local airports.

The New York City region's three main airports—John F. Kennedy International, LaGuardia and Newark— accounted for nearly half a million jobs in 2012, up from just 248,000 in 2004, according to a study released Tuesday by the Global Gateway Alliance and the Partnership for New York City.

Those jobs total $22.8 billion in wages averaging $51,000, which is higher than 75% of all incomes in the U.S. All told, the airports' aviation operations, capital spending and tourism resulted in $63 billion in economic activity, the groups found.

Crain's New York Business article here

View comments or post a comment on this story. (0 Comments)

More News

Luxury Travelers Value Experiences Overall

They want to learn something new, but it's the affluent consumer that has the means to do this the most.

Travelers Booking With Agents Avoid Sharing Economy

New data shows more requests from clients for alternate accommodations and new ground transportation options.

Driverless Cars Could Kill More Than Four Million Jobs

Chauffeurs are among the many drivers who would no longer be needed.

How To Satisfy Any Generation Of Business Traveler

Countless factors can ruin a business trip, but what aspects actually make travelers happy?

Ritz-Carlton Named Top Luxury Brand

The hotel received the highest rankings in consistency, physical appearance, personal amenities, and meeting facilities.

See More News

Facebook Comments ()

Comments (0)

Post a Comment

Submit

Blogs

See More

See More

See More

See More

LCT Store

LCT Magazine - September 2016 $12.95 COVER STORY: * How Do We Max Our Markets? * *



Connect

Experience the three annual industry events for networking for business, showcasing vehicles and products, and getting the tools for success.

Read About Your Region

What’s Happening Near You?
Click on any state to see the latest industry news and events in that region.

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Metro Magazine

Serving the bus and passenger rail industries for more than a century

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

Please sign in or register to .    Close