Posted on
6th February 2023
A new study published last week has found that the economic impact of Farnborough Airport has surpassed all previous expectations.
Commissioned by Rushmoor Borough Council, the study shows that over the last decade the Airport has had a significant impact on the prosperity and success of the local area, with total employment directly and indirectly associated with the Airport growing by 57%, and the value generated in the production of goods and services (Direct Gross Value Added – GVA) increasing 63%.
Furthermore, it concluded for every 100 Air Traffic Movements, the Airport supports 10 jobs and generates approximately £0.5 million GVA.