LAX & the Economy Economic Benefits Created by Los Angeles International Airport |
Today
Regional Jobs and Economic Contributions: Approximately 408,000 jobs in the region are attributable to LAX. The airport generates $60 billion in annual economic activity, accounting for nine percent of the economic output for the Southern California region.
Los Angeles County Jobs and Economy: Approximately 328,000 jobs in Los Angeles County link directly to LAX. Los Angeles County benefits from about $49 billion in economic output resulting from the airport.
City of Los Angeles Jobs and Economy: About 158,000 jobs in the City of Los Angeles are directly related to LAX. Nearly $21 billion is contributed to the City's economy by the airport.
Airport Jobs: About 59,000 people work at or near LAX at every level of skill and wage in professional and business service; concessions and retail; construction and maintenance; and in airline related fields such as flight operations, ticketing, baggage handling, aircraft maintenance; passenger assistance, and security screening.
LAX Enhanced Safety and Security Alternative Plan
Regional Economic Contributions: Under the Enhanced Safety and Security Alternative, LAX will contribute $64 billion annually to the regional economy by 2015, $32 million more than the economic output generated without the Master Plan.
Los Angeles County Economy: Implementation of the Master Plan will result in an additional $3.7 billion in economic activity for Los Angeles County - an increase of $27 million more than if nothing were done at LAX.
City of Los Angeles Economy: The Master Plan will contribute $22 billion annually to the City of Los Angeles economy by 2015. LAX-related economic activity will be boosted by $1.3 billion - 6% more than what the City generates today at LAX.
Airport Jobs: Nearly 49,000 construction-related jobs will be directly generated if the Master Plan is implemented. Total economic output in Los Angeles County would exceed $11.3 billion.
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