Economic Value and Business Benefits Report
A total of 374,000 European jobs are either directly or indirectly dependent on the European Business Aviation industry – a number exceeding the total number of jobs in Cyprus. The industry represents €87 billion in Output and €32 billion in Gross Value Added (GVA), which equals the total GVA of Latvia, and €25 billion spent in Salaries. The effect of Business Aviation over the EU28 GVA is about 0.19%. France, Switzerland, Germany and the UK are the main players in the sector, producing 76% of the total GVA of the industry. Out of the above total, 192,000 of the sector’s jobs stem from the operation of business aircraft, i.e. jobs with aircraft operators, maintenance firms (MROs) and ground handlers/fixed-base operators (FBOs).